AVGO entered oversold at RSI 29, -3.6% week. ASML dropped -9.1% week to $1,360.91, RSI 43 — now below SMA. TSM pulled back -8.4% week to $353.35. MU still stale 02/13. Sector under pressure from broad tech selloff.
Quick Snapshot
| Signal |
Reading |
| Overall |
🔴 SECTOR PULLBACK — AVGO hit oversold RSI 29. ASML -9.1% week, now below SMA. TSM -8.4% week from RSI 71. MU stale. Semis rotating out — potential entry windows opening. |
| Key insight |
AVGO RSI 29, -4.2% below SMA — strongest buy signal in theme. ASML $1,360 is -10.8% below 52wk high, RSI 43 — approaching entry zone. TSM gave back RSI 71 gains, -8.4% week. |
Action Matrix
| Action |
Stocks |
Why |
| ✅ BUY |
AVGO |
RSI 29, -4.2% below SMA — custom ASIC/AI networking at oversold |
| 📈 ACCUMULATE |
ASML |
RSI 43, -4.9% below SMA — litho monopoly at entry zone |
| 📈 ACCUMULATE |
TSM |
$353.35, -8.4% week — AI foundry pulled back from RSI 71 overbought |
| 🔒 HOLD |
MU |
RSI 55 (stale 02/13) — memory upcycle thesis intact, verify |
Data (Validated 2026-03-03)
| Stock |
Price |
7D |
30D |
52wkHi |
RSI |
SMA20 |
vs SMA |
Status |
Action |
| AVGO |
$313.78 |
-3.6% |
-2.0% |
$343.94 |
29 |
$327.50 |
-4.2% |
🔴 Oversold |
✅ Buy |
| ASML |
$1,360.91 |
-9.1% |
-2.4% |
$1,526.51 |
43 |
$1,430.37 |
-4.9% |
🟡 Below SMA |
📈 Accumulate |
| TSM |
$353.35 |
-8.4% |
+8.5% |
$387.73 |
— |
— |
— |
🟡 Pulling back |
📈 Accumulate |
| MU |
$411.66 |
+4.3% |
+23.5% |
$437.80 |
55 |
$400.32 |
+2.8% |
🟢 Strong (stale 02/13) |
🔒 Hold |
Note: MU data as of 02/13 — stale. TSM has price only (no RSI/SMA in feed).
Key Changes vs 02/26
| Stock |
02/26 Price |
03/03 Price |
Move |
Note |
| ASML |
$1,457.69 |
$1,360.91 |
-6.6% |
RSI 66→43 — major pullback, now below SMA |
| TSM |
$372.88 |
$353.35 |
-5.2% |
Gave back RSI 71 momentum, -8.4% week |
| AVGO |
$313.30 |
$313.78 |
+0.2% |
RSI 51→29 — RSI dropped dramatically, now oversold |
| MU |
$411.66 |
$411.66 |
~flat (stale) |
No new data |
Key Discoveries
| Discovery |
Implication |
| AVGO RSI 51→29 in one week |
Fastest RSI drop in theme — institutional selling or broad semi weakness |
| ASML -9.1% week, RSI 66→43 |
Litho monopoly giving back gains — accumulate zone re-opening |
| TSM -8.4% week from RSI 71 |
AI foundry mean-reversion underway — patience paying off |
Mistakes (Don't Repeat)
| Mistake |
Lesson |
| No trim on ASML/TSM at RSI 71/66 highs |
Set trim when RSI approaches 70 on quality names |
Open Questions
- AVGO RSI 29: is this the custom ASIC AI entry or broader ASIC demand concern?
- ASML RSI 43 below SMA — is $1,360 a good entry for EUV monopoly thesis?
- TSM -8.4% week — is AI capex slowdown hitting foundry demand?
- MU stale since 02/13 — has memory upcycle held or reversed?