CYberviRus
04-16

$Advanced Micro Devices(AMD)$  $Intel(INTC)$  $Semiconductor Bull 3X Shares(SOXL)$  are facing a perfect storm of negative factors, sending their stock prices tumbling below key technical indicators and leaving investors with a sense of unease.

Both AMD and Intel are currently trading below their Exponential Moving Averages (EMAs), which are technical indicators used to gauge momentum and potential trend direction. This suggests a downtrend in the short to medium term.

Adding fuel to the fire, both stocks experienced significant gap-down openings on recent trading days. This means the opening price was significantly lower than the previous day's closing price, indicating a sudden and sharp decline in investor confidence.

Gap-downs can often be self-fulfilling prophecies, as they create a psychological barrier for potential buyers. This can lead to further selling and exacerbate the downward trend.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • dong123
    ·04-16
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