Next up, on the opposite end of the spectrum, guys, look what we have here with STX. A breakout and a full retrace tagging that level today, guys. That should spell a bounce tomorrow.
That should put us up here giving us a chance to retest this $921 level in the near future. The one thing that's making me a little hesitant about it. Notice how price has gotten down underneath this other inclining trendline.
Yes, it's only one day, but then also this area in which should have provided a bounce created a near-term bear flag and the drop. So, this one is not as on sturdy ground as what I would anticipate, mainly because again, the backdrop with artificially devaluing our dollar is going on.
So, how many more rocket rallies can we have in these memories uh chips without some further selling pressure? But, I will say one thing, that is a buying opportunity, something that should yield a move at