Apple, Nvidia, AMD, and TSM: Trade Levels After Tariff Impact

The reciprocal tariff plan announced on Liberation Day has created ripple effects across global markets, particularly hitting tech, semiconductor, and China-exposed stocks. In this breakdown, we’ll focus on Apple (AAPL), Meta (META), AMD, Nvidia (NVDA), and TSMC (TSM), with detailed trade setups for key levels in the aftermath of market-moving news.

Macro Analysis: Tariff Impact on Markets

Key Details from the Tariff Announcement

• Reciprocal Tariff Overview:

  • Focuses on nations deemed to have trade deficits with the U.S., including factors like currency manipulation and trade barriers.

  • Top targets include:

    • China: 34% additional tariff on imports.

    • EU: 20% additional tariff.

    • Vietnam: 46% additional tariff, surprising many market observers.

Market Reaction:

The S&P 500 and Nasdaq both gapped down after the announcement, breaking through critical March lows. Though the market saw pockets of support intraday, post-market activity revealed significant selling pressure in big names.

🔥 Five Trade Setups for Tomorrow

1. Apple ( $AAPL ( ▲ 0.42% )  ) - Can It Hold $207?

Apple faces high exposure to China-related tariffs, making it vulnerable. Post-announcement, it broke through $208.50, a critical March low, and closed near $207.90 in post-market trading.

Key Levels:

• Support: $207. Breakage here could lead to continuation downward.

• Resistance: $214, with room for rejections at this level on any bounce.

Trade Plan:

• Bearish Setup: Look for a short below $207, targeting $205 and $202.

• Bullish Setup: A bounce above $208.50 could invite some strength for scalps toward $210.

2. Meta ( $META ( ▲ 3.62% )  ) - Watching $553 Support

Speculation about TikTok’s ban in the U.S. plays into META’s favor, but concerns around volatility remain. META hovered near $553, a critical support zone, and showed no clear bid in post-market trading.

Key Levels:

• Support: $553. Below this, META enters uncharted territory.

• Resistance: $563-$566 creates a zone of overhead supply buyers must clear.

Trade Plan:

• Bearish Setup: If $553 fails, shorts could target $545 and $540.

• Bullish Setup: Rebounds above $563 could lead to a retest of $570, a short-term target.

3. Advanced Micro Devices ( $AMD ( ▲ 3.52% )  ) - Short Below $99

As part of the semiconductor sell-off, AMD breached $99, and tariff-related fears have reversed recent bullish momentum. Supply chain pressure could push this stock further into weakness.

Key Levels:

• Support: $95-$90, representing longer-term critical levels.

• Resistance: $99-$100, which could act as an immediate wall.

Trade Plan:

• Bearish Setup: A short below $99 gives a clean path to $95-$90.

• Bullish Setup: If AMD reclaims $99, cautious longs could target $101-$103. Manage risk tightly.

4. Nvidia ( $NVDA ( ▲ 1.67% )  ) - $106 Short Zone

NVDA held better than others but remains vulnerable to tariff-related pressure on semiconductors. It closed at $106.50, but failure to hold this level signals larger technical breakdowns.

Key Levels:

• Support: $103-$100 presents critical downside levels.

• Resistance: $109 and $112 for possible upside if momentum shifts.

Trade Plan:

• Bearish Setup: Short below $106, with targets at $103 and $100.

• Bullish Setup: Long only if the $109-$112 range is reclaimed.

5. TSMC ( $TSM ( ▲ 0.79% )  ) - Watching $160 Breakdown

The reciprocal tariff plan directly impacts TSMC’s exposure, given its reliance on China for supplies and manufacturing. The stock has already broken critical weekly support near $160, though post-market action hovers just above this level.

Key Levels:

• Support: $160 must hold, or further lows near $158 may come into play.

• Resistance: A bounce could target $164, but sustained strength seems unlikely.

Trade Plan:

• Bearish Setup: Short below $160, targeting $158 and $155.

• Bullish Setup: A reclaim above $164 would suggest some relative strength for short-term longs to $166-$167.

📉 Key Market Considerations

1. China-Exposed Stocks Are Weak:
   Tariffs on China are substantial and could lead to continued sell-offs for companies like AAPL, NVDA, and TSM.

2. Expect High Volatility Tomorrow:
   Post-announcement jitters mixed with attempts to find balance in the market mean wild swings are possible, especially at the open.

3. Trade the Levels, Not the Noise:
   Stick to technical levels and avoid being influenced by reactive market moves. Protect your capital with proper stop-loss strategies.

🚨 Final Takeaway

Markets are seeing a volatile and bearish tone after the tariff announcements, creating opportunities on both bullish and bearish sides. Focus on the technical levels outlined above and adapt your trading style to the evolving narrative.