What exactly, is that?

We’re probably way past extremes like the ‘sock-puppet‘ era of dot-com boom/bust.

Ed Dowd, in recent interviews has mentioned the concept of ‘A.I., and A.I., adjacent’, for the downside. (not advice, not a recommendation).

So, what is ‘A.I. adjacent’, exactly?

Loosely translated, ‘businesses or products used to support the A.I. hysteria.’

All of which, brings us to Entegris.

Entegris ENTG, Weekly

Attempted breakout (Up-Thrust) from late April to early May results in downward action.

Last Friday, price action tentatively pushed itself above resistance, again (Test).

With the A.I. narrative unravelling by the day if not the hour, one has to wonder, if this ‘breakout’ will hold (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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