Art of Speculation|7月 29, 2026 18:58
Honestly, no matter what Walsh says, as long as there's no rate hike, there's a high chance of a rebound today. This is also reflected in the technicals.
Here are a few examples:
1. SNDK (Dropped to EMA 200, high probability of a rebound, target EMA 20 for the bounce)
2. SK Hynix (Yesterday's movement already hinted at the main players' intentions—huge volume with a long lower shadow, dropped to weekly EMA 50, then fake-broke daily EMA 200 and recovered)
3. AMD (Bounced right at EMA 100, target EMA 20 for the rebound, likely to drop again after earnings)
4. NBIS (Same story, fake-broke EMA 200 and then recovered)
Other AI hardware-related stocks are showing similar signs—these are all indications of oversold rebounds. Whether it turns into a full reversal depends on whether a higher high can be achieved.
I'll post a summary of the Fed meeting later. If you're interested, stay tuned!
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