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Tech Bubble 2.0 About to Burst
Applied Materials, Inc.
Short
Tech Bubble 2.0 About to Burst
By adamantic
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Updated
Jun 12, 2018
2
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Jun 12, 2018
Applied Materials is a 50B market cap big player in the semiconductor industry. The current trend is probably why Facebook is starting to look at making it's own chips:
investopedia.com/news/facebook-wants-build-its-own-chips/
We can see in the 1 month view that we are in a meta bubble, an exact replay of the 2000 tech bubble.
Ride the wave, but get out ahead.
Jun 12, 2018
Comment
Intel looks like it could pump for another month before taking a big dip:
Jun 12, 2018
Comment
TSM
- Taiwan Semiconductor Manufacturing:
Jun 12, 2018
Comment
TXN
- Texas Instruments:
Sep 14, 2018
Comment
Stochastic RSI is reaching a buy point. I'm beginning a soft re-entry :)
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adamantic
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