I first started warning that NVDA was getting tired back on April 12, 20223 in this chart
Since then the H&S pattern did not trigger a short or sell depending on which side you are on.
Instead, Price Broke the rising wedge via time and was "Head Tested" leading to another bearish structure a shallower rising wedge. If that fails it would trigger a trade depending on your position.
Since then the H&S pattern did not trigger a short or sell depending on which side you are on.
Instead, Price Broke the rising wedge via time and was "Head Tested" leading to another bearish structure a shallower rising wedge. If that fails it would trigger a trade depending on your position.
Note
Getting close to failure.Note
Never triggered thankfully. New all-time highs with a PE of 200Welcome 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.
Real Macro Economic Investing
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patreon.com/Realmacro
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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.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
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.