AI SECTOR Technical Analysis – NVDA and AMD

NVDA – This slipped below the 8 Moving Average since last week’s video but seems to be doing it’s best to not lose the key line. I will need one more day to confirm this, and really getting over that roughly $272 line would feel like good confirmation indeed!

AMD – This fell under the 8 Moving Average and confirmed yesterday. Did not see as strong a recovery as NVDA did but at least it was around 50% of yesterday’s red candle and inching closer to that 8MA line. Tomorrow should be very telling – day after a doji usually is!

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