The first resistance level is at 15,057 points
Drop of 10.01% in Advanced Micro Devices, which is once again close to the average of 200 sessions. Its technical aspect is still bullish although we will be very aware of the abandonment of the support of 99.35 dollars. The loss of this price level would complicate its uptrend in the medium and long term. We will only see a sign of strength with the breaking of the resistance of 132.96 dollars, maximum of this month of February.
Strong falls of 9.99% in Xilinx that stopped short after reaching the resistance of 225.54 dollars. Its technical aspect in the medium and long term is good, although in the short term everything seems to indicate that we could again see an attack on the support of 166.43 dollars, prices where the 200 session average is found. We will not see a sign of strength again as long as it continues to trade below $226.80.
Marvell Technology (-7.92%) fell sharply this past Friday, which allows it to move very close to the support of $62.55, prices where the 200 session average is found. We will only see a sign of strength again with the breakout of the resistance at $78.19. In the medium and long term the trend remains bullish.