Jul. 2 at 5:21 PM
Semis still under pressure - 2nd straight session of downside extension and no real bounce yet on the tape.
$AAOI — -17%, aggressive unwind continues
$SNDK — -14%, momentum cooling fast
$KLAC — -13%, high-quality name still getting hit
$AMKR — -12%, broad sector pressure showing up
$MRVL — -10%, beta selling still active
This isn’t isolated stock weakness - it’s sector-wide de-risking. Key question now: flush into support or trend reset? Keep watch on intraday reversal signals.
I suggest you read my article over them. It is entirely free. You may be able to get some insight