Nvidia 
NVDA, the A.I. Behemoth, and darling of the 2024 hype-cycle... POP!
With this -6% fall, NVDA has broken below that line of short term support. In my mind, this break has just solidified the 2nd WAVE to the downside.
I believe we'll experience some support around NVDA's 50-day moving average (-2.7%), but I stand behind my thesis that Nvidia stock falls to $102 by mid-august. It may even fall as low as $97 in order to re-test those prior March-April ceilings as new floors.
Always remember... You can fall A LOT faster than you can climb.
Our 8/16 $110 NVDA puts over at WAVE$ Capital are up +95% at the time of writing, and I think that they're just getting warmed up.
NVDA, the A.I. Behemoth, and darling of the 2024 hype-cycle... POP! With this -6% fall, NVDA has broken below that line of short term support. In my mind, this break has just solidified the 2nd WAVE to the downside.
I believe we'll experience some support around NVDA's 50-day moving average (-2.7%), but I stand behind my thesis that Nvidia stock falls to $102 by mid-august. It may even fall as low as $97 in order to re-test those prior March-April ceilings as new floors.
Always remember... You can fall A LOT faster than you can climb.
Our 8/16 $110 NVDA puts over at WAVE$ Capital are up +95% at the time of writing, and I think that they're just getting warmed up.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.