Advantest stock's recent doubling in price, coupled with the outperformance over other industry players like Nvidia, suggests that momentum may be peaking
Boomeranged on Fri, 25 Aug 2023 14:08
Advantest closed today -10% today (Aug 25, 203) after Nvidia failed to hold on the gains overnight and as US rates spurred a tech sell off. 10% down is a big one day move, but we continue to see downside - especially as rates continue to rise ! Remain bearish this crowded long.
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