Chart Of The Day: Networking Stocks

The Networking Group NWX has been a hell of trade and an easy ‘pound the table’ long all summer. Well, summer is over and the group is finally running into a target area here

And we’re already seeing some relative weakness turning into actual weakness with leaders like ALAB, CRDO etc.

So - we can’t say there are no reasons to hesistate in the AI names and we can only pound the table for discipline and self respect at these levels