Trading-Capital

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.

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