Die-hard longs just ignored the negative side of fundamentals and technicals (led by kris?)
1 Way over-supply: mid & low ends
2 High competitions: From all Maga companies and countries
3 Prolonged high interest rate
4 Two big leaders, Nvda & Smci, are retreating.
5 Naz bubbles: Most high tech companies are way over-valued.
6 Geopolitical conflicts
The beauty is this market is full of surprises and is hard to predict.
Amd could reach 250 or 60 by the end of this year!
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- moonbop·04-23😉LikeReport