$amd this huge falling wedge formation remains valid on weekly chart.... RSI starts to show signs of hope with stronger upward moves, but MACD indicates that there might still be a week or two of consolidation before a golden cross could be observed.... but when that MACD golden cross on weekly chart happens, it will likely move to 174 187.... last time golden cross on weekly MACD happened, it was Oct 2022, and it went for a 127% run before we saw a major pullback.... 

under the new administration, chips should really start to thrive again as it attracts investment, builds capital, and of course creates sustainable job growth... $nvda $avgo $mu $arm $qcom