NVDA, INTC and AMD Forecast – Microchips Slightly Negative Early on Monday

Group 1: Intel Analysis - Intel is expected to experience a slight pullback in premarket trading after a significant 10% increase on Friday, indicating strong market interest in buying on dips [1] - The market sentiment remains bullish, suggesting that further upward movement is likely as the breakout occurred with strong volume [1][2] Group 2: Advanced Micro Devices Analysis - Advanced Micro Devices is currently above a critical support level of $200, which is both structurally and psychologically significant, indicating potential for a quicker turnaround [3] - If a decline occurs, the 200-day EMA is at $181.81, which may attract buyers, reinforcing the notion that shorting is not advisable at this time [4] - Patience is advised as the upward trend is expected to reassert itself, with potential cascading effects if the stock turns around [3][4]