Gamers Spending Money

September 18, 2020
September 18, 2020 Ryan

Gamers Spending Money

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).

I like these hollow candles on the rising trendline and will look to add and hold as long as the trendline holds.

NVDA Daily

The other play is AMD and falling wedge is attractive on a move out of the wedge to the upside.  Sign me up.

AMD Daily

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.

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