If the market can get some follow through it will likely be because of the semiconductor group. Lets get to the charts. Plenty to work with for both swing and position trading here.
$NVDA the AI mothership reclaimed the 50sma and had a great Friday. Watching for follow through.
$AVGO finishing out its consolidation from the earnings gap up.
$CRDO been a steady monster for almost a year and now trying to finish a base.
$TSM also looking like it wants higher
$MRVL no lack of setups in the semi group
$JOBY watching for follow through. big day on Friday so a weak open would interest me for a trend join.
$ACHR same EVTOL sector as JOBY
$RKLB space theme and nice base
If $BTC continues $BTDR looks like an early leader with how well it has held up
$GEV the obvious leader in the “powering AI” theme
$VST another in that group but not one to chase. let it backfill or give a few days of tightness. GEV VST CEG are likely reason $OKLO $NNE $SMR are still holding up well.
So many names to work with right now. Set alerts but keep your focus on things already displaying RS. no need to go looking for names that should play “catch up.” Leaders already look well established.
Goat