Triple Pressure on Global Markets: Chip Stocks Under Heavy Selling

The news indicates severe global selling pressure on chip stocks, and since NVDA is the sector leader, it could be directly negatively affected. Technical indicators are also weak: the price is below the 20 and 50-day moving averages, RSI at 37 is weak but near oversold territory, and MACD is negative. There has been a 3.5% decline in the last 24 hours, confirming that selling pressure continues. In the short term (1-3 days), downside risk may persist, but the low RSI level could lead to bargain hunting. Nevertheless, given the impact of the news, the likelihood of a decline is higher.

The news indicates severe global selling pressure on chip stocks, and since AMD is in this sector, it could be negatively affected in the short term. Technical indicators are mixed: RSI at 59.6 is not in overbought territory, but MACD is below its signal line (5.99 < 6.96), indicating weakening momentum. The price is just above the SMA20 (514.04) and well above the SMA50 (490.26), suggesting the medium-term trend is still positive. There has been a 1.68% increase in the last 24 hours, suggesting the news has not yet been priced in. Therefore, I expect a downward movement in the short term, but additional confirmation is needed for a strong decline.

The news points to a global sell-off in chip stocks, and since TSM is part of this group, downward pressure may emerge in the short term. Technical indicators are mixed: RSI at 54 is neutral, but MACD is below the signal line and the 24-hour change is negative. The price is trading above the SMA20 and SMA50, indicating that the medium-term trend is still positive. The impact of the news may be limited, as the market may have already priced in such geopolitical or sectoral news. Nevertheless, the risk of continued selling pressure in the short term should not be ignored.

The news indicates severe selling pressure on chip stocks, and since AVGO is in this sector, it may be negatively affected in the short term. Technical indicators are already weak: the price is below the 20 and 50-day moving averages, RSI at 45.5 is in the neutral-weak zone, and MACD is below the signal line. The 24-hour change of -2% confirms the downward trend. However, since RSI is not in oversold territory, there could be buying interest; therefore, the downward direction is moderately reliable. In the short term, downside risk may continue.