<p>更广泛的股票指数继续下跌，具体如下：</p>
<ul>
<li>标普指数下跌 70 点，跌幅为-1.03%。</li>
<li>纳斯达克指数下跌 350 点，跌幅为-1.52%。</li>
<li>道琼斯工业平均指数下跌 200 点，跌幅为-0.41%。</li>
<li>罗素 2000 指数当天下跌 1%。</li>
</ul>
<h3>博通的股票自上周四公布财报以来持续下跌。</h3>
<h3>关键技术要点</h3>
<ul>
<li>重大下跌：博通的股票暴跌 4.92%，至 324.49 美元，突破了关键支撑位。</li>
<li>熊市确认：该股票目前较财报前的高点 414.61 美元下跌 21.7%，正式进入修正区间。</li>
<li>移动平均线失效：价格已跌破关键的 100 日移动平均线 340.98 美元，该水平现在转为阻力位。</li>
<li>下一个支撑目标：卖方将 38.2% 的斐波那契回撤位 308.98 美元视为下一个主要下行目标。</li>
</ul>
<h3>卖压加剧：自九月以来的最低水平</h3>
<p>博通的股票继续承受强烈的卖压，今天股价下跌 <strong>16.80 美元（-4.92%）</strong>，交易价格为 <strong>324.49 美元</strong>。</p>
<p>这一走势标志着技术面显著恶化，价格已跌至自九月财报以来的最低水平。在那次财报发布时，价格曾从 <strong>每股 306 美元</strong> 大幅上涨。今天的下跌几乎填补了这一缺口，抹去了数月的涨幅。</p>
<p>卖压的强度通过突破 <strong>10 月 10 日的低点 324.05 美元</strong> 得以体现，今天的盘中价格最低曾触及 <strong>321.42 美元</strong>。</p>
<h3>趋势：从高峰到修正</h3>
<p>反转幅度非常剧烈。自上次财报发布前一天达到 <strong>414.61 美元</strong> 的高点以来，博通股价已下跌 <strong>21.7%</strong> 至当前水平。</p>
<p>从技术角度来看，今天的损害加剧，当价格直接跌破位于 <strong>340.98 美元</strong> 的 100 日移动平均线时。收盘低于该移动平均线是一个看跌信号，表明动能已明显转向卖方。</p>
<h3>接下来会怎样？斐波那契目标</h3>
<p>随着 100 日移动平均线已在后视镜中，交易者正在寻找更低的支撑位。</p>
<p>下一个主要技术支撑位位于从四月低点（138.10 美元）到近期高点的 <strong>38.2% 斐波那契回撤位</strong>，该计算得出的关键支撑目标为 <strong>308.98 美元</strong>。</p>
<h3>看涨的要求</h3>
<p>为了让买方重新获得底部形成的信心，他们还有大量工作要做。第一步是重新夺回破裂的 <strong>100 日移动平均线 340.98 美元</strong>。在价格能够回到并保持在该水平之上之前，最小阻力路径仍然是向下。200 日移动平均线为 282.12 美元，八月份的低点水平也在附近。</p>
<p>尽管出现了急剧下跌，价格仍然比年初上涨近 40%。</p>
<p>-----------------------------------------------------------------------------------------------------------------------------------------------------------</p>
<h3>甲骨文的股票目前已从高峰下跌近 50%</h3>
<h3>关键技术要点</h3>
<ul>
<li>大幅修正：甲骨文的股票自九月创下的 345.72 美元历史高点以来已下跌约 48%。</li>
<li>刺激因素：抛售始于 9 月 9/10 日基础设施交易公告后，投资者现在担心这将带来不可持续的债务负担。</li>
<li>数月以来的最低水平：当前股价为 178.79 美元，处于自 6 月中旬以来的最低估值。</li>
<li>关键支撑：价格迅速接近 6 月 11 日的收盘水平 166.64 美元，该水平作为下行的主要参考。</li>
<li>年初至今的背景：尽管出现崩盘，股票年初至今仍上涨 7.4%，突显出之前反弹的极度 “超买” 特性。</li>
</ul>
<h3>从繁荣到萧条：债务后遗症</h3>
<p>甲骨文的股票正在经历严重的重新定价，目前股价约下跌 <strong>48%</strong>，自历史高点以来。</p>
<p>激烈的抛售追溯到 <strong>9 月 10 日</strong>，当天股价达到 <strong>345.72 美元</strong> 的高点。该高点是在 9 月 9 日收盘后宣布重大基础设施交易后形成的。虽然最初受到欢迎，但叙述发生了戏剧性的转变。市场现在专注于为融资这一大规模建设所需的 <strong>巨额债务负担</strong>，导致股票自此以来持续急剧下跌。</p>
<h3>技术性下跌：接近 6 月低点</h3>
<p>卖压已将甲骨文推至六个月以来的最低水平。</p>
<ul>
<li>当前价格：股票目前交易约为 178.79 美元。</li>
<li>危险区：这一估值使价格接近 6 月 11 日的水平，当时股价收于 166.64 美元。</li>
</ul>
<p>交易者将密切关注 166.64 美元的水平。如果 178.79 美元的支撑位未能守住，那么 6 月的收盘价将成为主要技术支撑位。</p>
<h3>现实检查：年初至今仍为正</h3>
<p>或许这一波动性最具说明性的统计数据是年初至今的表现。即使在从高点下跌近 50% 之后，甲骨文的股票_仍然_比年初上涨 <strong>7.4%</strong>。</p>
<p>这一统计数据清楚地提醒我们，在反弹至九月高点期间，股票是多么的超伸和超买。当前的走势不仅是对新闻的反应，而是对拥挤的动量交易的剧烈解构。</p>

甲骨文

<p>更广泛的股票指数继续下跌，标准普尔 500 指数下跌 1.03%，纳斯达克下跌 1.52%，道琼斯工业平均指数下跌 0.41%，罗素 2000 指数下跌 1%。博通的股价暴跌 4.92%，至 324.49 美元，突破了关键支撑位，进入了修正区间。甲骨文的股价从高峰下跌了约 48%，因对基础设施交易债务的担忧，目前交易价格为 178.79 美元。尽管出现这些下跌，这两只股票今年仍然上涨</p>

<p>The broader stock indices are continuing their tumble with the:</p>
<div class="lb-trans"><p>更广泛的股票指数继续下跌，具体如下：</p>
</div><ul>
<li>S&amp;P index -70 points or -1.03%.</li>
<li>NASDAQ index -350 points or -1.52%.</li>
<li>Dow industrial average is down -200 points at -0.41%.</li>
<li>Russell 2000 is down 1% on the day</li>
</ul>
<div class="lb-trans"><ul>
<li>标普指数下跌 70 点，跌幅为-1.03%。</li>
<li>纳斯达克指数下跌 350 点，跌幅为-1.52%。</li>
<li>道琼斯工业平均指数下跌 200 点，跌幅为-0.41%。</li>
<li>罗素 2000 指数当天下跌 1%。</li>
</ul>
</div><h3>Shares of Broadcom are continuing their run to the downside since announcing earnings on Thursday of last week.</h3>
<div class="lb-trans"><h3>博通的股票自上周四公布财报以来持续下跌。</h3>
</div><h3>Key Technical Takeaways</h3>
<div class="lb-trans"><h3>关键技术要点</h3>
</div><ul>
<li>Major Breakdown: Broadcom shares have plunged -4.92% to $324.49, breaking key support levels.</li>
<li>Bear Market Confirmed: The stock is now down 21.7% from its pre-earnings peak of $414.61, officially entering correction territory.</li>
<li>Moving Average Failure: The price has sliced through the critical 100-day moving average at $340.98, which now turns into resistance.</li>
<li>Next Support Target: Sellers are eyeing the 38.2% Fibonacci retracement level at $308.98 as the next major downside objective.</li>
</ul>
<div class="lb-trans"><ul>
<li>重大下跌：博通的股票暴跌 4.92%，至 324.49 美元，突破了关键支撑位。</li>
<li>熊市确认：该股票目前较财报前的高点 414.61 美元下跌 21.7%，正式进入修正区间。</li>
<li>移动平均线失效：价格已跌破关键的 100 日移动平均线 340.98 美元，该水平现在转为阻力位。</li>
<li>下一个支撑目标：卖方将 38.2% 的斐波那契回撤位 308.98 美元视为下一个主要下行目标。</li>
</ul>
</div><h3>Selling Pressure Accelerates: Lowest Levels Since September</h3>
<div class="lb-trans"><h3>卖压加剧：自九月以来的最低水平</h3>
</div><p>Broadcom shares continue to come under intense selling pressure, with the stock shedding <strong>-$16.80 (-4.92%)</strong> today to trade at <strong>$324.49</strong>.</p>
<div class="lb-trans"><p>博通的股票继续承受强烈的卖压，今天股价下跌 <strong>16.80 美元（-4.92%）</strong>，交易价格为 <strong>324.49 美元</strong>。</p>
</div><p>This move marks a significant deterioration in the technical picture, as the price has fallen to its lowest level since the earnings report in September. During that earnings event, the price had gapped higher from <strong>$306 per share</strong>. Today’s decline has nearly filled that gap, wiping out months of gains.</p>
<div class="lb-trans"><p>这一走势标志着技术面显著恶化，价格已跌至自九月财报以来的最低水平。在那次财报发布时，价格曾从 <strong>每股 306 美元</strong> 大幅上涨。今天的下跌几乎填补了这一缺口，抹去了数月的涨幅。</p>
</div><p>The selling intensity is highlighted by the breach of the <strong>October 10 swing low at $324.05</strong>, with today's intraday price stretching as low as <strong>$321.42</strong>.</p>
<div class="lb-trans"><p>卖压的强度通过突破 <strong>10 月 10 日的低点 324.05 美元</strong> 得以体现，今天的盘中价格最低曾触及 <strong>321.42 美元</strong>。</p>
</div><h3>The Trend: From Peak to Correction</h3>
<div class="lb-trans"><h3>趋势：从高峰到修正</h3>
</div><p>The reversal has been sharp. Since hitting a peak of <strong>$414.61</strong> the day before its last earnings announcement, Broadcom has tumbled <strong>21.7%</strong> to current levels.</p>
<div class="lb-trans"><p>反转幅度非常剧烈。自上次财报发布前一天达到 <strong>414.61 美元</strong> 的高点以来，博通股价已下跌 <strong>21.7%</strong> 至当前水平。</p>
</div><p>From a technical standpoint, the damage was compounded today when the price ran straight through the <strong>100-day moving average</strong>, located at <strong>$340.98</strong>. A close below this moving average is a bearish signal, suggesting that momentum has firmly shifted to the sellers.</p>
<div class="lb-trans"><p>从技术角度来看，今天的损害加剧，当价格直接跌破位于 <strong>340.98 美元</strong> 的 100 日移动平均线时。收盘低于该移动平均线是一个看跌信号，表明动能已明显转向卖方。</p>
</div><h3>What’s Next? The Fibonacci Target</h3>
<div class="lb-trans"><h3>接下来会怎样？斐波那契目标</h3>
</div><p>With the 100-day moving average now in the rearview mirror, traders are looking lower for support.</p>
<div class="lb-trans"><p>随着 100 日移动平均线已在后视镜中，交易者正在寻找更低的支撑位。</p>
</div><p>The next major technical floor comes in at the <strong>38.2% Fibonacci retracement</strong> of the major move up from the April low ($138.10) to the recent highs. That calculation yields a key support target at <strong>$308.98</strong>.</p>
<div class="lb-trans"><p>下一个主要技术支撑位位于从四月低点（138.10 美元）到近期高点的 <strong>38.2% 斐波那契回撤位</strong>，该计算得出的关键支撑目标为 <strong>308.98 美元</strong>。</p>
</div><h3>The Bullish Requirement</h3>
<div class="lb-trans"><h3>看涨的要求</h3>
</div><p>For buyers to regain any confidence that a bottom is in place, they have significant work to do. The first step would be reclaiming the broken <strong>100-day moving average at $340.98</strong>. Until price can get back—and stay—above that level, the path of least resistance remains to the downside. The 200 day moving average comes in at $282.12. There is also near swing low levels from the month of August. The</p>
<div class="lb-trans"><p>为了让买方重新获得底部形成的信心，他们还有大量工作要做。第一步是重新夺回破裂的 <strong>100 日移动平均线 340.98 美元</strong>。在价格能够回到并保持在该水平之上之前，最小阻力路径仍然是向下。200 日移动平均线为 282.12 美元，八月份的低点水平也在附近。</p>
</div><p>Despite the sharp decline, the price is still up close to 40% for the year.</p>
<div class="lb-trans"><p>尽管出现了急剧下跌，价格仍然比年初上涨近 40%。</p>
</div><p>-----------------------------------------------------------------------------------------------------------------------------------------------------------</p>
<div class="lb-trans"><p>-----------------------------------------------------------------------------------------------------------------------------------------------------------</p>
</div><h3>Oracle shares are now down close to 50% from its peak</h3>
<div class="lb-trans"><h3>甲骨文的股票目前已从高峰下跌近 50%</h3>
</div><h3>Key Technical Takeaways</h3>
<div class="lb-trans"><h3>关键技术要点</h3>
</div><ul>
<li>Massive Correction: Oracle shares have collapsed roughly 48% from the all-time high of $345.72 reached in September.</li>
<li>The Catalyst: The sell-off began after the September 9/10 infrastructure deal announcements, which investors now fear carry an unsustainable debt burden.</li>
<li>Lowest Level in Months: At $178.79, the stock is trading at its lowest valuation since mid-June.</li>
<li>Critical Support: The price is fast approaching the June 11 closing level of $166.64, which serves as the next major downside reference.</li>
<li>YTD Context: Despite the crash, the stock remains up 7.4% on the year, highlighting the extreme &#34;overbought&#34; nature of the prior rally.</li>
</ul>
<div class="lb-trans"><ul>
<li>大幅修正：甲骨文的股票自九月创下的 345.72 美元历史高点以来已下跌约 48%。</li>
<li>刺激因素：抛售始于 9 月 9/10 日基础设施交易公告后，投资者现在担心这将带来不可持续的债务负担。</li>
<li>数月以来的最低水平：当前股价为 178.79 美元，处于自 6 月中旬以来的最低估值。</li>
<li>关键支撑：价格迅速接近 6 月 11 日的收盘水平 166.64 美元，该水平作为下行的主要参考。</li>
<li>年初至今的背景：尽管出现崩盘，股票年初至今仍上涨 7.4%，突显出之前反弹的极度 “超买” 特性。</li>
</ul>
</div><h3>From Boom to Bust: The Debt Hangover</h3>
<div class="lb-trans"><h3>从繁荣到萧条：债务后遗症</h3>
</div><p>Oracle shares are undergoing a severe repricing, with the stock currently down approximately <strong>48%</strong> from its all-time high.</p>
<div class="lb-trans"><p>甲骨文的股票正在经历严重的重新定价，目前股价约下跌 <strong>48%</strong>，自历史高点以来。</p>
</div><p>The aggressive sell-off traces back to <strong>September 10</strong>, the day the stock peaked at <strong>$345.72</strong>. This peak followed the announcement of major infrastructure deals after the close on September 9. While initially celebrated, the narrative has shifted dramatically. The market is now fixated on the <strong>large debt burden</strong> required to finance this massive buildout, causing the stock to be on a steep, relentless decline ever since.</p>
<div class="lb-trans"><p>激烈的抛售追溯到 <strong>9 月 10 日</strong>，当天股价达到 <strong>345.72 美元</strong> 的高点。该高点是在 9 月 9 日收盘后宣布重大基础设施交易后形成的。虽然最初受到欢迎，但叙述发生了戏剧性的转变。市场现在专注于为融资这一大规模建设所需的 <strong>巨额债务负担</strong>，导致股票自此以来持续急剧下跌。</p>
</div><h3>Technical Breakdown: Approaching June Lows</h3>
<div class="lb-trans"><h3>技术性下跌：接近 6 月低点</h3>
</div><p>The selling pressure has pushed Oracle to its lowest levels in six months.</p>
<div class="lb-trans"><p>卖压已将甲骨文推至六个月以来的最低水平。</p>
</div><ul>
<li>Current Price: The stock is currently trading around $178.79.</li>
<li>The Danger Zone: This valuation brings the price uncomfortably close to the levels seen on June 11, when the share price closed at $166.64.</li>
</ul>
<div class="lb-trans"><ul>
<li>当前价格：股票目前交易约为 178.79 美元。</li>
<li>危险区：这一估值使价格接近 6 月 11 日的水平，当时股价收于 166.64 美元。</li>
</ul>
</div><p>Traders will be watching this $166.64 level closely. If the $178.79 support fails to hold, that June closing price becomes the primary technical floor.</p>
<div class="lb-trans"><p>交易者将密切关注 166.64 美元的水平。如果 178.79 美元的支撑位未能守住，那么 6 月的收盘价将成为主要技术支撑位。</p>
</div><h3>Reality Check: Still Green on the Year</h3>
<div class="lb-trans"><h3>现实检查：年初至今仍为正</h3>
</div><p>Perhaps the most telling statistic of this volatility is the Year-to-Date performance. Even after a nearly 50% haircut from the highs, Oracle shares are <em>still</em> higher on the year by <strong>7.4%</strong>.</p>
<div class="lb-trans"><p>或许这一波动性最具说明性的统计数据是年初至今的表现。即使在从高点下跌近 50% 之后，甲骨文的股票_仍然_比年初上涨 <strong>7.4%</strong>。</p>
</div><p>This statistic serves as a stark reminder of how overextended and overbought the stock became during its run-up to the September highs. The current move is not just a reaction to news, but a violent unwinding of a crowded momentum trade.</p>
<div class="lb-trans"><p>这一统计数据清楚地提醒我们，在反弹至九月高点期间，股票是多么的超伸和超买。当前的走势不仅是对新闻的反应，而是对拥挤的动量交易的剧烈解构。</p>
</div>

股票持续下跌