AVGO surged to $345.75 (+10.2% vs 03/03) from RSI 29 oversold. ASML slight pullback to $1,357.42 (-0.3%). TSM -1.3% to $348.70. MU still stale 02/13.
Quick Snapshot
| Signal |
Reading |
| Overall |
🟢 RECOVERING — AVGO massive +10.2% bounce from RSI 29 oversold. ASML/TSM relatively flat. MU stale. Semi recovery led by AVGO. |
| Key insight |
AVGO $345.75 (+10.2% from $313.78) — oversold RSI 29 entry delivered. Now above prior 52wk high $343.94. ASML $1,357.42 stable near SMA. TSM $348.70 holding. |
Action Matrix
| Action |
Stocks |
Why |
| 🔒 HOLD |
AVGO |
$345.75, above 52wk high $343.94 — RSI 29 entry validated, hold gains |
| 📈 ACCUMULATE |
ASML |
$1,357.42, RSI ~43 — litho monopoly still below SMA |
| 📈 ACCUMULATE |
TSM |
$348.70 — AI foundry stabilizing from pullback |
| 🔒 HOLD |
MU |
RSI 55 (stale 02/13) — memory upcycle thesis, verify |
Data (Validated 2026-03-10)
| Stock |
Price |
7D |
30D |
52wkHi |
RSI |
SMA20 |
vs SMA |
Status |
Action |
| AVGO |
$345.75 |
+10.2% |
— |
$345.75 |
— |
— |
— |
🟢 New 52wk high |
🔒 Hold |
| ASML |
$1,357.42 |
-0.3% |
— |
$1,526.51 |
— |
— |
— |
🟡 Stable |
📈 Accumulate |
| TSM |
$348.70 |
-1.3% |
— |
$387.73 |
— |
— |
— |
🟡 Slight pullback |
📈 Accumulate |
| MU |
$411.66 |
— |
+23.5% |
$437.80 |
55 |
$400.32 |
+2.8% |
🟢 Strong (stale 02/13) |
🔒 Hold |
Note: MU data as of 02/13 — stale. AVGO now above prior 52wk high. TSM price-only.
Key Changes vs 03/03
| Stock |
03/03 Price |
03/10 Price |
Move |
Note |
| AVGO |
$313.78 |
$345.75 |
+10.2% |
RSI 29 entry delivered — now above prior 52wk high $343.94 |
| ASML |
$1,360.91 |
$1,357.42 |
-0.3% |
Flat — consolidating at RSI 43 level |
| TSM |
$353.35 |
$348.70 |
-1.3% |
Slight giveback — still above Feb lows |
| MU |
$411.66 |
$411.66 |
~flat |
Stale data |
Key Discoveries
| Discovery |
Implication |
| AVGO +10.2% from RSI 29 in one week |
RSI 29 was the signal — oversold on quality names delivers |
| AVGO now above prior 52wk high $343.94 |
New highs after oversold bounce — custom ASIC/AI thesis validated |
| ASML/TSM flat while AVGO surges |
AVGO-specific catalyst vs sector-wide recovery — AI networking premium |
Mistakes (Don't Repeat)
| Mistake |
Lesson |
| Hesitating on AVGO RSI 29 entry |
RSI 29 on monopoly-grade names = immediate entry signal |
Open Questions
- AVGO $345.75 at new highs — does momentum continue or take profits?
- ASML $1,357 flat — is $1,300 the floor for litho monopoly?
- TSM $349 — is AI foundry demand intact despite semi pullback?
- MU stale since 02/13 — has memory upcycle held or reversed?