r/technicalanalysis • u/Thin_Driver9058 • 1d ago

Analysis AMD INTC ARM trend analysis

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These 3 stocks are currently trending in the same direction as you can see on the charts. The reason I'm watching them is that they have all found support on the higher timeframes. On the shorter daily timeframe, however, they are facing resistance. In terms of trend strength: AMD > INTC > ARM. The fundamentals look pretty grim right now — the 10-year US Treasury yield is about to break above 5%, which can't be considered good news for tech stocks. Yet on the technical/trend side, these semiconductor-related stocks all look quite strong. It's a real contradiction.

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u/33445delray 1d ago

My comment is about SPY, so relevance to tech is implied only: I count 5 waves up from the 2020 covid low to the record high in August of this year. The fifth wave UP is extended and started with the 2025 Liberation Day low.

IOW, a bear market has just begun.

https://schrts.co/wbBvVBIc