The “Lindor” of the Semi Space:
As my beloved NY Mets advanced to the NLCS Wednesday evening, a good analogy came to mind comparing Francisco Lindor to the semiconductor group. This man has carried his team on its back since late spring. Will NVDA start to do the same following its break above a symmetrical triangle on the daily chart below? Now Lindor has certainly had some best-supporting actors with the likes of Alonso, perhaps he can be compared to AMD. This name has been on an impressive run, and it may be tiring as one can say either it met some selling after hitting the 175 level at the top of a bearish rising wedge pattern, or the quick failure of a cup with handle breakout above a 168.83 cup with handle pivot from 10/4 (notice the doji candle on 10/7 and the bearish engulfing candle on 10/9 too). But getting back to NVDA, the WEEKLY chart shows the name on the verge of a possible break above a bull flag, and the MONTHLY chart has recorded 4 consecutive dubious candles with a shooting star in June and then three straight spinning tops.