Semis are still leading the tape. I'm watching key trend retests and the 9 EMA support across the top names. No signs of real distribution yet, so the trend remains constructive.
$Intel(INTC)$ - holding the trendline, attempting to reclaim the 9 EMA, buyers still active.
$Marvell Technology(MRVL)$ - coiling above support with controlled pullbacks, structure intact.
$ARM Holdings(ARM)$ - momentum cooling but the trend is still valid, dip buyers are defending.
$Micron Technology(MU)$ - behaving as a cycle leader, retesting the EMA zone without heavy selling pressure.
As long as distribution stays absent, the trend remains intact and the bias is for continuation.
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