Apr. 28 at 8:59 PM
$ON: Riding the Power Semi Wave!
$ON is popping +5% AH and it’s no mystery why.
$NXPI just dropped a monster report (ripping +13%), and the sympathy move is real.
The Takeaway:
Sector Validation: This is a massive "green flag" for the entire analog and power semiconductor space. The demand is clearly there.
Technical Flow: Seeing strong capital rotation into these names as the sector bottom looks increasingly confirmed.
Missed the
$NXPI entry yesterday while focusing on
$NXT and
$NTNX, but the theme is playing out perfectly. Semi bulls are eating tonight!
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