In no way do I recommend richly valued AI stocks as an investment. However, as long as Tech and Semi remain technically constructive in general, I am going to point out charts and chart patterns I find interesting. This highlights a stock I already own, or else I’d be considering it for a buy.
ALAB (daily chart) has formed a pattern at the support of the high previous to the 2025 high. Resistance to the pattern is in the 190 (+/-) area. RSI and MACD are biased positive. ALAB is a growing company with excellent prospects, although again, valuation is a thing. I don’t find PE (155) of much use for many growth stocks, but the current Price/Sales is a nosebleed 39.50 X. However, growth TTM is 136%. So there’s that.
NFTRH+ is a chart watcher, among other things. This chart looks constructive and the chart pattern, if it actives, measures to 238. I would conservatively manage risk below the 50 day average (blue), as it does not need another test of that marker.
NFTRH+ trade setup ideas are presented for consideration and further research only, not as recommendations. I may or may not personally take positions in all or even most NFTRH+ ideas, as it would depend on my portfolio composition at any given time. “Stop loss” and target levels are usually noted and should be respected.
