With increasing competition and
The AI market is over saturated and the tools needed to run a comprehensive AI gig are well under the unrealistic products advancements NVDA is making.
That being said, ever giant eventually finds a lesson in humility.
Nvidia having blown through it's 1.618 and 2.618 extensions now has it's eyes on the 4.236 Extension being a target of 156 +or- a few bucks. This Stock is Parabolic in a major way and slowing down fast. The retail crowd is in for a big surprise.
No worries because I am here to hold your hand through this difficult time!
Once the stock caps out around 160 we will see an initial move back down to re-test the 2.618 and likely bounce. This bounce will result in a retest of the highs where we will either break and go higher, consolidate for a number of months, or double Top for a second failure near 160 where retailers will be left holding the bag.
As with all stocks, all great runs and push-offs, NVDA will come back to a 60-70% discount on price near a demand level which I have marked up in Green Boxes.
This is where you will want to buy again.
For England James.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.