Relative Strength between NVDA and TSLA about to shift.

Head and Should Pattern on TSLA/NVDA chart.

This chart basically shows the relative strength between these two stocks, if we have a follow through tomorrow. TSLA will outrun NVDA in the short-term.


Meaning:

1. If we are going to have a bounce tomorrow, TSLA will most likely to outrun NVDA.

2. If Non-Farm and Unemployment rate kill the market tomorrow, TSLA will most likely to drop less than NVDA.

However, I think SOXL is currently sitting at the trendline support. I think bounce is imminent in the near term.