📉 Are the AI Trades Getting Tired?

[bonk]

AI has dominated market narratives for months — but some of the trend leaders are flashing fatigue signals.

Microsoft (MSFT)
Jumped on earnings (July 31) but couldn’t hold the highs. It’s been making lower highs since, and just broke the bottom of its triangle. Closed under the 21-day EMA for the first time since April. MACD rolling over too = short-term trend may be shifting negative.

Palantir (PLTR)
Classic “gap-and-fade.” Shot to new highs on big news… only to give it all back. Now it’s lower than the breakout day.

Advanced Micro Devices (AMD)
Doubled since March, but weekly chart says stalling. $187.28 (April 2024 peak) acting like a ceiling.

Options Heat
MSFT, PLTR, and AMD remain among the most active underliers in the options market — perfect battlegrounds for calls & puts depending on your read of the trend.

Takeaway: AI names aren’t dead — but momentum is clearly pausing. For active traders, this is when risk/reward flips. Either you fade tired moves… or prepare for the next surprise squeeze.

What’s your play here — short the “AI exhaustion,” or load up before the next leg higher?

[Nahid10]

The charts are screaming “slowdown” right now.
MSFT breaking the 21-day EMA with MACD rolling over = first real warning sign in months. PLTR’s gap-and-fade is classic distribution, and AMD stalling under its 2024 peak shows buyers are running out of fuel.

Options flow might keep things volatile, but to me that’s just hedging before a deeper pullback.
Short-term, I’d rather fade the hype — looks more like exhaustion than consolidation.

[kelson10]

I don’t see this as exhaustion — more like a cooldown.
MSFT, PLTR, AMD all ran hard, so some profit-taking is natural. But the structural AI trend is still intact: data center spend, chip demand, and enterprise AI rollouts aren’t slowing.

Every pullback in this sector since 2023 has been a chance to reload before the next squeeze.
If you’re long-term, dips are gifts. Short-term traders can scalp puts, but I’m positioning for upside when the next catalyst hits.