NVDA Made Millionaires This Year. Could This Next Semiconductor Stock Do The Same?

We have also seen the same setup with $SPY (NYSE:SPY) as spy moved into its perfect bullish trigger orientation at $400 and was able to move all the way up to $460.

Of course, as you probably guessed by now, $QQQ (NASDAQ:QQQ) has the exact same setup as well - which allowed us to capture lots of gains on the move higher, knowing the trigger orientation was max bullish.

Looking back at NVDA, it's easy to regret missing the move. But that regret can be softened by knowing that they're very likely will be another move to follow, and that one can be caught in AMD.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.