Gaming is bigger than ever and the pandemic has created a massive tailwind. This is not news, but the leaders in this group are worth a look.
The pullbacks are impressive and so is the demand. There is no better than NVIDIA (NVDA).
$NVDA
Nvidia’s RTX 3080 is already sold out pretty much everywhere online in the US https://t.co/wq4aqMMVjr— Vote (@ryanmathews) September 17, 2020
I like these hollow candles on the rising trendline and will look to add and hold as long as the trendline holds.
The other play is AMD and falling wedge is attractive on a move out of the wedge to the upside. Sign me up.
On the software side, EA, TTWO, and ATVI are the three I follow (there are plenty of others) and they tend to move together. However, I’m not a gamer and have no idea what the next, best game is going to be. Therefore, I tend to just play NVDA or AMD… that’s it – keeping it simple.