Burry/Knight NVDA Bear & Tech/Semis Divergence/Reversals
Key Questions
What bearish signals are present for NVDA?
NVDA rejected $217 and failed at $194-195 support, with DeMark 13 countdown and May 20 earnings hype. Burry puts and Knight short highlight semis mania extremes amid liquidity tightening.
Which semiconductor stocks show short opportunities?
MU has RSI 84 and gamma over 200DMA, with short targets at $715-725 diverging to $650/667. INTC at $117 shows RSI divergence for short to $112, alongside MRVL, ARM, AMD, QCOM, TSM pullbacks.
What risks are associated with the current AI frenzy?
Semis rally reaches historic extremes as liquidity tightens, dotcom-like with NET crash risks. Momentum stocks like SOUN, WDC face overextension, with rotations to energy and semis shorts.
How is Palantir (PLTR) positioned post-earnings?
PLTR is part of post-earnings setups amid momentum extremes, with exact levels noted alongside AMD, Intel, and Figma. Swing trading strategies highlight high-probability setups.
What momentum is seen in Qualcomm (QCOM)?
QCOM shows momentum with AI optimism and data center growth, trading with levels at $177-178. Swing longs are working in QCOM alongside DOCN, CSCO, CDNS.
Why is the semiconductor market at extremes?
Semis mania with MU RSI84, liquidity tightening, and historic rally extremes signal divergence reversals. Weekly recaps note S&P highs and AI boom in NVDA, AMD, MU.
What trading strategies apply to these tech bears?
Master swing trading with high-probability strategies and risk management, using VWAP for revenge trading. Focus on breakouts in CRWD, DDOG, FTNT, AXON amid GOOGL/CRM bears.
Which stocks are recommended for momentum?
Western Digital (WDC) is a top momentum pick with short-term price activity. AMD highlighted as best momentum stock for May 6th with buy rank.
NVDA $217 rej fail $194-195 supp Demark 13 May20 earnings hype Burry puts Knight short semis mania extremes MU RSI84 gamma 157% over 200DMA liquidity tighten dotcom-like NET crash MSFT/INTC overext MU $715-725 short div $650/667 INTC $117 RSI div short $112 MRVL/ARM $208/AMD $450-500/$360 QCOM $177-178 TSM pullback LITE $815/$1050 GFS/WDC CRWD/DDOG/FTNT/AXON breakout GOOGL/CRM bears rotations energy semis shorts AI frenzy risks.