The Nasdaq is approaching a key resistance level, and optical modules and data centers have already seen substantial short-term gains. The priority now is not to chase higher prices but to take profits, reduce positions, and patiently wait for market leaders to retest support levels.

The United States, Iran, and Oman are close to reaching a temporary agreement on the reopening of the Strait of Hormuz, leading to a notable decline in international oil prices, which supports further recovery in market risk appetite. However, the Nasdaq is nearing the resistance level at 27,000 points, and after consecutive strong gains, it is unwise to chase higher prices blindly.

Optical Modules: Strength remains intact; await pullback

LITE: Investors who previously established positions around USD 700 have already secured substantial profits and may consider taking partial profits. Maintain the remaining core position with a target range of USD 940–970. Those who missed the move can wait for a pullback into the USD 820–780 range.

TSEM: Support near USD 210 has been confirmed twice in succession, and the overall structure remains strong. If continuing to participate, it is advisable to reduce position size and wait for intraday pullbacks rather than aggressively chasing higher prices.

Memory Sector: The uptrend persists; avoid aggressive chasingMicron and SK Hynix have both recently rebounded into near-term resistance zones, prompting some profit-taking in the short term.

MU (Micron): The fundamental memory thesis remains unchanged, but after consecutive rebounds, it is not advisable to chase higher prices. The area around USD 850 remains a reasonable entry point for small positions in the near term.

SK Hynix: Investors who established positions near USD 137 this week have already realized solid gains and may consider taking partial profits. Hold the remaining position with a target of USD 170. Those who missed the move can wait for a pullback into the USD 145–140 range.

Data Centers: Strongest theme, but overheated in the short termData centers have been one of the strongest-performing sectors in this rebound, with CRWV and NBIS both surging more than 50% from their recent lows.

The sector’s long-term fundamentals remain sound, but short-term sentiment has become overheated and is approaching the prior resistance zone where many positions are underwater, significantly increasing the risk of chasing higher prices.

CRWV: Consider establishing an initial position in the $85–$83 range, with significant upside resistance around $110.

NBIS: Wait for a pullback to the $205–$195 range before considering establishing a base position.

It is currently more prudent to wait for a pullback rather than heavily chase the stock after consecutive gains.

Commercial spaceflight: Watch for early positioning opportunities in ASTS.Compared with optical modules and data centers, commercial spaceflight has shown relatively modest performance in this rebound cycle, offering potential for capital rotation and preemptive buying.

ASTS: The stock is showing early signs of forming a阶段性 bottom, with around $65 representing a relatively comfortable entry point for preemptive positioning.

Given the uncertainty around the timing of initiating a preemptive trade, only a small position should be taken; it is not suitable for a large commitment while waiting.

Summary:

Market breadth and profit opportunities have clearly returned, yet the Nasdaq is nearing a key resistance level, and optical modules and data centers have already seen substantial short-term gains. The priority now is not to chase further highs but to patiently wait for leading stocks to retest support levels, using small, staggered positions to manage risk.

$Nasdaq Composite Index (.IXIC.US)$$AST SpaceMobile (ASTS.US)$$Micron Technology (MU.US)$$SK hynix (SKHY.US)$$Lumentum (LITE.US)$$Tower Semiconductor (TSEM.US)$

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