NVDA/AMD Monthly: Sitting at Key Support, NVDA May Lead in 2027NVDA/AMDBATS:NVDA/BATS:AMDTradingMulaHere I am looking at the monthly NVDA/AMD ratio chart. When price goes up that means NVDA is outperforming AMD. NVDA is currently sitting right at the bottom of a long-term 7-year uptrend channel. At the same time, price has retraced about 75% of the last major impulsive wave higher. In simple terms, the ratio has pulled back to a strong historical support area after a big run. These kinds of deep but controlled retracements inside a long-term rising channel often mark spots where the leader (NVDA in this case) starts to regain strength relative to the other. If this support holds, the structure suggests NVDA could start outperforming AMD again as we head through 2027. Still early and nothing is guaranteed, but the location on the monthly chart looks constructive for NVDA relative strength from here. Watching how the ratio behaves at this channel low.