Jun. 17 at 10:26 PM
Relatively quiet tape this week, but a few names still stood out.
$NBIS and
$HOOD were the only real momentum leaders, both showing clean continuation off strong 8-week moving average setups—textbook trend-following behavior.
Outside of that, most of the market has been in consolidation mode rather than expansion.
Looking ahead, the next potential rotation candidates on the radar are
$INTC,
$QCOM, and
$GOOGL-names sitting near key technical inflection zones where momentum could re-accelerate if volume returns.
This still feels like a pause phase before the next directional move in select leaders rather than a broad trend shift