AMD, QQQ, RIOT, MU& IREN Enjoy the Great Recovery Now!

Jake_Wujastyk
04-27

Hello everyone! Today i want to share some technical analysis with you!

1

$IREN Ltd(IREN)$Pretty clean bull flag setup on the monthly candle chart.

2

$Micron Technology(MU)$Ascending triangle breakout.

Target is $570.

3

$Riot Platforms(RIOT)$Coiled like a spring.

4

$Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ Wouldn't be shocked in the least bit to see the market melt straight up to this diagonal trend zone in the coming 1-2 weeks.

I would assume we get a 14 $VIX and/or $84-$86k by then, which is my short-term market pullback signal.

5

$Advanced Micro Devices(AMD)$Big ascending triangle breakout in April.


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Micron Surges 5%+ to Lead Semiconductors: Can Rally Hold?
MU jumped +5.6% to ~$524, named alongside NVDA and SNDK as a top market winner, driven by sustained HBM demand from AI server buildouts triggering a valuation re-rating. Tight MU HBM3e supply and accelerating data center expansion confirmed by multiple cloud vendors continue to underpin the memory bull cycle. However, industry warnings are mounting: the semiconductor index's 18-session winning streak has ended, and profit-taking pressure is building at elevated levels. If Big Tech earnings disappoint on HBM procurement outlook this week, can Micron's $500+ valuation stand on its own?
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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