Jun. 12 at 7:35 PM
This week was opportunity to reload those dips on the best names that ran hard
$QCOM
$INTC
$MRVL
$NVDA
$AMD
The macro tape underwent an aggressive, systemic leverage flush this week as momentum chasers cleared out. Yet, for disciplined swing traders, this localized shakeout has opened the ultimate technical window to reload on the absolute apex of the silicon pipeline (NVDA, AMD, MRVL, QCOM, INTC).
The structural setups are deeply compelling. Trillion-dollar compute fortress NVDA holding firmly near its 205 node validates its ironclad monopoly defense, while AMD displayed exceptional relative strength, bouncing aggressively off its key Fib retracement line. Paired with edge-AI proxy QCOM hammer out technical floors at the 200 century mark and custom ASIC giant MRVL testing its moving average, institutional buying algorithms are heavily re-triggering.
Are you scaling core delta into structural chip leaders like NVDA and AMD at key supports, or keeping your dry powder entirely in cash?
