The semiconductor rally isn't over yet! AMD's next target: 700. 1. NVIDIA $NVDA The chart shows a slight ascending triangle pattern, bullish bias. If the broader market wobbles again, another lower wave isn’t necessarily bad—it could present a better entry point. Overall, still bullish. 2. AMD $AMD Has broken to a new high; initial target is 690. Move stop-loss higher. Price is making a new high, but RSI is not—this is bearish divergence, suggesting a potential pullback ahead. Hold for now. 3. TSMC $TSM Approaching a new high, slightly lagging behind NVDA and AMD. While it appears to be making new highs, upward momentum is weakening, with clear divergence—this often signals the later stage of a move, not the beginning of a strong uptrend, but nearing its end. 4. Broadcom $AVGO The weakest performer in the semiconductor sector so far. For now, assume it can still rise; key is identifying the support level. It’s already pulled back 40% from its peak; if the correction continues, further downside is possible. 5. Semiconductor ETF $SMH Assume SMH can rise further and break its all-time high; first target: 781. However, if this breakout turns out to be false and the structure deteriorates, it could drop again toward 434. Base case: Bullish upside breakout. Contingency plan: Prepare for further downside. Don’t go all-in.