NVDA, TSLA and INTC Forecasts – Tech Stocks Look Ready to Move?

NVDA Technical Analysis

Keep in mind that it is Good Friday, so it’s not so much about the trading today, but when I look at these 3 major stocks, I do see potential for big moves. The 1st 1 is Nvidia, and this is a situation where it’s been a valuation versus growth tug of war scenario that we’re in.

The Q4 revenue of $68.1 billion showed just how dominant Nvidia is in artificial intelligence and being dominant in that field, far outpacing all of its competitors.

But trade tensions and new tariff policies are creating a situation where you may have to think beyond just China, which was a major driver, and that’s part of what’s punishing this stock. Strategic partnerships with Nokia and Marvell aim to diversify revenue towards 6G cellular and agentic AI.

This is a market that has seen a significant recovery recently, and it looks like we are perhaps trying to reenter consolidation, which means we could get as high as $195, but we need some help from the geopolitical front. Maybe things calming down in the Middle East might put more risk appetite in the market to begin with.

TSLA Technical Analysis

Tesla looks a bit tough at the moment. It is decoupling from its pure EV metrics as it evolves into an ecosystem holding company of sorts. The market is trying to price in the formalization of Tesla’s stake in SpaceX ahead of a massive June IPO.

However, broader risk-off sentiment has been the major driver for Tesla at the moment. While I do think it bounces, I think you need to watch this stock. I’d be a bit cautious about getting too aggressive. The $350 level for me is another potential floor. I want to see a drop and then a bounce so I’ll buy the right-hand side of the V if you will.

INTC Technical Analysis

Intel is absolutely flying at the moment. It’s in the middle of a credibility turnaround. The $6.5 billion manufacturing deal with Apollo Global Management and a strategic lifeline investment from Nvidia have shifted sentiment from skepticism to optimism.

The market is eyeing the Intel 18A process as a make-or-break milestone for the 2nd half of the year. It certainly looks as if it remains a buy-on-the-dip market and I think we will probably make a fresh new high here fairly soon. If it drops, I’m willing to buy it at the 1st sign of a bounce.

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