To The Moon

NZDUSD Elliott Wave Analysis Trading Lounge Day Chart, 19 September 23 New Zealand Dollar/U.S.Dollar (NZDUSD) Day Chart NZDUSD Elliott Wave Technical Analysis Function:Trend Mode: impulsive Structure: sub waves of new trend Position: main red wave 3 Direction Next higher Degrees:Red wave 3 may started Details:Blue wave 5 of C of 2 may completed at 0.58586, confirmation level for new trend at 0.64136 .Wave Cancel invalid level: 0.58586 The NZDUSD Elliott Wave Analysis for 19 September 23, is conducted on the daily chart of the New Zealand Dollar/U.S. Dollar (NZDUSD) currency pair. Employing the Elliott Wave theory, this analysis is aimed at providing insights into potential market movements over a longer time frame. The Function attributed to this analysis is

Recently, semiconductor company stock prices have significantly pullbacked, among which:Lithography giant $ASML Holding NV(ASML)$ corrected 22.5%; $Applied Materials(AMAT)$ , the world's largest semiconductor equipment company, saw an 11% pullback; $Advanced Micro Devices(AMD)$ pullbacked 23.6%;Chip contract manufacturing giant $Taiwan Semiconductor Manufacturing(TSM)$ back 19.4%...What happened? Is this semiconductor pullback a buying opportunity?In general, the main reason for this wave of semiconductor pullback is that semiconductor fundamentals cannot match skyrocketing stock prices.For example, Applied Materials, befo