Reason: Physical AI build-out is the tape's leadership; substrate/networking/silicon mid-move, GPU names oversold-quality.

Notes

Tape-read: leadership intact but two-speed — the big-cap GPU/networking names are washing out into oversold-quality pullbacks while substrate/silicon/equipment is mid-move and still climbing. Buy the leaders on the pullback, don't chase the parabolics.

• NVDA — OVERSOLD-QUALITY · RSI 39.1, pullback, still above SMA200 (+2.3%), -17.7% off high; leader resetting, golden cross intact.
• AVGO — OVERSOLD-QUALITY · RSI 43.9, pullback, -23.1% off high; custom-silicon thesis intact, deep reset.
• MRVL — OVERSOLD-QUALITY · RSI 56.5, strong-up but -12.6% on the week; +188% 3m, digesting the run.
• ALAB — CONFIRMED-BREAKOUT · RSI 62.6, uptrend, +255% 3m, only -8.5% off high; connectivity leader, extended.
• CRDO — CONFIRMED-BREAKOUT · RSI 59.9, +180% 3m, golden cross; healthy, not yet stretched.
• AMD — CONFIRMED-BREAKOUT · RSI 57.6, uptrend, +159% 3m, -6.4% off high.
• ASML / AMAT — EXTENDED-TRIM · AMAT RSI 71.1 (+93% 3m, near high); ASML RSI 57 uptrend — equipment hot, AMAT needs a flag.
• ANET — CONFIRMED-BREAKOUT · RSI 55.4, uptrend, +37% 3m, -6.6% off high.

Lead pick: NVDA — best risk/reward: a true secular leader on an oversold-quality reset (RSI 39, golden cross intact, holding SMA200). Trigger: wait for the bottom-and-pop — RSI cross back >50 and a reclaim of SMA20 (~$209) before adding.