I Handed You NVDA's Top, Now I'm Helping You Find NVDA's Bottom.
Updated
NVDA Top Prediction: Link below
Statistical probability of finding a bottom at specific zone, labeled on the right.
Highest Probability: $150 (60%)
Stats say we start averaging in now. If we don't hold here, add at each marked level. If the 200DSMA (on my chart) breaks, sell your kids, sell your wife and BUY EVERY AND ALL SHARES POSSIBLE. This would trigger a major snap back in price.
How Much Upside Is Left for NVDA?
A: 1,000% from the bottom. I will explain further as we get closer to the event. For now we consolidate with BIG price swings.
Good Luck
Statistical probability of finding a bottom at specific zone, labeled on the right.
Highest Probability: $150 (60%)
Stats say we start averaging in now. If we don't hold here, add at each marked level. If the 200DSMA (on my chart) breaks, sell your kids, sell your wife and BUY EVERY AND ALL SHARES POSSIBLE. This would trigger a major snap back in price.
How Much Upside Is Left for NVDA?
A: 1,000% from the bottom. I will explain further as we get closer to the event. For now we consolidate with BIG price swings.
Good Luck
Note
Quick Update: Nothing is certain in any market. My chart is here to help guide you. invest at your own risk and do your own research first :) GLTrade active
Top Position. 80% upsideTrade closed manually
Im out. I believe we're going lower. compare NVDA to 1990s MU. Exact same chart. 1990s MU plunged through its 200 Week SMA then bounced. I will be entering under the 200 Week SMA
Trade active
Long. EW move up to $210s3.amazonaws.com/tradingview/snapshots/2/2CfjuH6c.png
Note
EW target sell = $209 - $257. Aligns perfectly w/ gapsTrade active
Note
IMPORTANTIdentical chart: MU 1996
MU bottomed below the 200 week MA.
Note
XLNX = MU during .com bubbleNVDA = MU 1996-1997 Crash pre .com bubble.
Full leverage NVDA trade opportunity within next 3-5 years.
Note
NVDA new super computer in the works. This should send the stock into micron's dot. com bubble in the years to come. Look out for it.Note
NVDA's Partner XPeng stole Tesla's autonomous car code. Tesla suing XPeng.Trade closed manually
Trade active
I think the time has come for the full leverage trade. Comparing 1995 - 1999 MU “U” Shaped recovery to 2018 - 2020 NVDA “U” Shaped recovery.
MU surged 105.78% from breakout of 1995 peak. If NVDA makes the same 105.78% move upon breakout of 2018 peak, NVDA = $602.43.
Now that seems steep. $602 is most likely too optimistic. Regardless, a massive move up is coming for NVDA in the coming months/years.
#1 holding
(I don't recommend going full leverage. I do recommend overweighting NVDA.)
Note
NVDA is a double cup and handle.Weekly cup and handle:
Daily cup and handle:
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.