AMD, QQQ, RIOT, MU& IREN Enjoy the Great Recovery Now!

Jake_Wujastyk
04-27

Hello everyone! Today i want to share some technical analysis with you!

1

$IREN Ltd(IREN)$Pretty clean bull flag setup on the monthly candle chart.

2

$Micron Technology(MU)$Ascending triangle breakout.

Target is $570.

3

$Riot Platforms(RIOT)$Coiled like a spring.

4

$Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ Wouldn't be shocked in the least bit to see the market melt straight up to this diagonal trend zone in the coming 1-2 weeks.

I would assume we get a 14 $VIX and/or $84-$86k by then, which is my short-term market pullback signal.

5

$Advanced Micro Devices(AMD)$Big ascending triangle breakout in April.


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Micron Reclaims $900! Order Fears Fade, Is Chip Selloff Over?
Micron surged 9.87% in a single session, reclaiming $900 as Friday's panic over alleged Nvidia order cuts rapidly dissipated. Semiconductors staged a broad V-shaped rebound โ€” the 3x leveraged chip ETF soared 15.83%, Intel gained 11.19%, and SK Hynix's 2x leveraged ETF rose 14.60%, as dip-buyers flooded back the day after the crash. Is this an oversold bounce, or the start of a sustained recovery โ€” will you chase this chip rally or wait for a pullback confirmation?
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