NVDA has had a massive move while the fundamentals have done little to support it. The chart is showing a simple trade setup short on a break of the rising wedge. If true the could have wider implications for the Nasdaq as a whole and markets.
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Still waiting for the trigger
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Still no Trigger. Boring!
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Maybe triggering soon!
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Never triggered thankfully. New all-time highs with a PE of 200
Welcome the newest company to enter the $1 trillion market cap.
We are now in the new Dot.com bubble. Only this time we will call it the AI Bubble.
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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.