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The Chip Selloff Isn't Over. Here's the Level That Marks the Bottom.
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Chapters9 segments · tap to seek
ticker lesson
Breakdown
0:00EWW· ticker
EWW — peak mid-June, retraced to base
- EWW peaked mid-June
- Clean top formed since mid-June
- Opened near base of top Friday
- Retracement seen Thursday
- Drop to Wednesday low expected
2:05KORU· ticker
KORU — leveraged collapse 70-80%
- KORU triple-leveraged ETF
- Collapsed from 56 to teens
- Lost 70-80% in short time
- Still heavily sold off
4:12Applied Materials· ticker
Applied Materials — mid-range, no clear bias
- Opportunity-rich? No
- Neutral at current levels
- Range between gaps
4:13INTC· ticker
INTC — wide range, resistance/support gaps
- Next resistance at gap
- Next support at gap
- Mid-range, volatile
4:14NOK· ticker
Nokia — collapsed from 18 to 9
- Collapsed from 18 to ~9
- Rapid decline weeks
4:15STM· ticker
STM — rapid ascent then 50% drop
- Ascent hundreds of percent
- Reversed to 50% drop
4:16SMH· ticker
SMH — channel break, diamond top
- Clean channel for months
- Diamond top formed
- Broke channel July 16
- Tumbled Wednesday close
4:17SOX· ticker
SOX — basis for SMH, key trend
- SOX underpins SMH
- Selling not over
- Watch lower trend line
4:18lesson
Nvidia earnings — next major event
- Earnings August 26 post-close
- Geopolitical/economic news in between
Informational only — this is tastylive’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.