Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

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To: Return to Sender who wrote (93958)	3/6/2025 12:53:38 PM
From: Return to Sender	Read Replies (1) of 95383

I was wondering if reports from MRVL (currently down 18%) and AVGO might manage to light a fire under the weak semiconductor index. We get AVGO after the bell today. My thinking is we do not get a bottom until we are even more oversold than we currently are. BPNDX is currently 39 PnF Buy Signals. Oversold is considered 30 PnF Buy Signals or less. BPSOX is currently 9 PnF Buy Signals which is essentially on the oversold borderline. I think we go lower due to the incredible amount of uncertainty before we bottom. JMHO, RtS

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