AI infrastructure and CPO names are finding support. $Astera Labs, Inc.(ALAB)$ $Credo Technology Group Holding Ltd(CRDO)$ $Tower Semiconductor(TSEM)$ $NEBIUS(NBIS)$ are all holding around their 21-week EMA. Sometimes the weekly chart tells you far more than the daily chart.
What I'm watching: if support holds, the trend remains constructive. Weekly EMA holding suggests buyers are defending the larger trend. A breakdown would mean reassessing the thesis.
All four are $50B market caps or below and have strong growth characteristics that fit the CANSLIM framework. The key now isn't chasing the bounce. It's watching whether these names can build a base and reclaim momentum.
AI infrastructure, connectivity and CPO remain some of the most interesting areas of the market.
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