TSLA / NVIDIA / INTC - The rotation trade?

NASDAQ_DLY:NDX   Nasdaq 100 Index
TSLA has been upderperfing the market, but is now showing some signs of potential life since Elon musks pay package was approved.

A bullish breakout pattern is on watch.

INTC looks ready for a bullish move. Just like ADBE & TSLA popped on earnings, it looks like INTC could be the next oversold S&P500 stock to bounce.

If we see any weakness in NVDA we may see capital rotate into other cheaper semis.

S&P500 setting nee ATH.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.