$Advanced Micro Devices(AMD)$ Since then, it formed a High (Higher High for the 1.5 year Channel Up) on January 25 2024 and Resistance 1. On Friday it touched this level again, which is so far a technical Double Top formation. As long as it holds, we expect the 1D MA50 (blue trend-line) to break for the first time in 4 months (since November 01 2023) and approach the 1D MA100 (green trend-line).On top of that, the 1D RSI is on Lower Highs that broke below the Higher Lows which has been the Sell Signal during the previous three occurrences. Our target is a minimum of -19.38% decline such as on the June 26 2023 Low. If the 1D MA100 breaks, we will open another one to target the 1D MA200 (orange trend-line) and 0.382 Fibonacc

$Alphabet(GOOG)$ Daily Chart: Posted yesterday that Google was oversold in short timeframes already, so today's move is not surprising and may indicate that a bounce has started. Technicals to watch: Oscillator oversold, diagonal support line, and reversal candle matching the support diagonal. Even if there is further downside, the risk reward favors bulls. If this one bounces with $Apple(AAPL)$ and $Tesla Motors(TSLA)$, the down move for $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ would be mitigated.