It appears its not only $NVDA, $AMD, $SMCI under some pressure this week $ASML is also at a critical level right now at its only 0.618 Fib after pulling back from $1100 in July.
The price is also slightly below its 200 Day MA now at this Fib level too.
Like $AMD, this needs to hold this level or if it is lost, it must recapture without rejecting below this level or it is down to the 0.78 Fib at $528.
Anthony Tqt
2024-11-18 19:03:39 +0000 UTCJesse Gaffey
2024-11-18 18:59:57 +0000 UTC