Agreed.  A good start but you can tell what is missing too!

Hi Matt,  I found an indicator on Trading View that seems pretty good for automatically drawing supply and demand zones.  It is called the "Sattam Supply \ Demand".  Please let us know what you think.  Thanks Paul

Sorry to hear this Matt.    I've found during these times, it is better to seek advice from the nurses.   They know what's really going on.

These are hard times for those of us that have to watch!   Hope she makes it back home soon.

Same here Matt.   I was in a small jet waiting to leave Logan (Boston) airport when we heard of the first tower.  Needless to say, that flight was grounded.   I hopped a bus heading back home.  Cell service wasn't working until the bus was out of Boston.

So what is the best way to defend against a debt crisis?   Foreign stocks, gold, hard assets?

Hi Matt,  What is the demand zone for AZ?  Is it 5 or elsewhere?

The global High Bandwidth Memory (HBM)market is an oligopoly controlled almost entirely by three chipmakers, often referred to as the "Big Three". These companies collectively command over 95% of global HBM capacityto fuel AI accelerators like NVIDIA's Blackwell and AMD's Instinct series. [ 1, 2]

The "Big Three" HBM Manufacturers

• SK Hynix(Market Leader ~56%–58% share): The South Korean manufacturer pioneered the first HBM chip in 2013 and retains a dominant market position. Its stronghold is heavily anchored by an early, exclusive partnership supplying HBM3 and HBM3E to NVIDIA. SK Hynix has completed development on its 12-layer HBM4 technology to maintain its lead.[ 1, 2, 3, 4]
• Samsung Electronics(~21% share): Despite leading the broader, conventional DRAM market, Samsung trails in the high-margin HBM segment. It acts as a primary HBM supplier for AMD's Instinct GPUs and is aggressively deploying its massive R&D resources to ramp up mass production of sixth-generation HBM4 to reclaim market share.[ 1, 2, 4, 5]
• Micron Technology(~21% share): As the only major U.S.-based memory manufacturer, Micron entered the HBM market later but has aggressively closed the gap using its highly power-efficient HBM3E. Backed by U.S. federal incentives, Micron has already completely sold out its HBM capacity through 2026 and 2027.[ 1, 2, 3, 5, 6]

Key Ecosystem Enablers

While the "Big Three" manufacture the memory layers, they rely heavily on specialized semiconductor partners to package and integrate the technology: [ 1, 2, 3]

1. Foundry & Base Logic: TSMC(Taiwan Semiconductor Manufacturing Company)creates the critical "base logic die" that the memory chips sit on. Its CoWoS (Chip-on-Wafer-on-Substrate) advanced packaging lines are the primary bottleneck for global HBM availability.[ 1, 2]
2. Design IP & Tools:Companies like Synopsys , Cadence Design Systems , and Rambus provide the foundational architectural IP and testing software required to manage complex 3D-stacked memory.[ 1, 2]
3. Advanced Packaging (OSATs):Firms like ASE Technologyand Amkor Technologyprovide backend assembly and packaging support to integrate HBM onto GPU interposers.[ 1, 2, 3]

DGXX Daily Chart

DRAM 1 hr Chart   - New

NAAIM Weekly Chart

Matt - any idea on what percentage of Nasdaq-100 (QQQ) SpaceX will take up?

Hi Matt - what are your thoughts on DUOL?  Is it still constructive here?

DUOL Article 

Matt going on vacation is like when Steve went away.   Good to see the tread continue!   

https://x.com/markminervini/status/2062161604175593663

OCC Daily Chart

OCC Hourly Chart

OCC Chart

AZ 1 hr Chart  after plunging and boucing -resumes the previous pattern to re-visit 5

Somehow I don't think 5 holds for long.  It seems like it has been tested too many times.  Plus investors are sick of this company moving like a sloth.