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Breaking down from multi-year trendline
NVIDIA
Breaking down from multi-year trendline
By Investor_NL
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Updated
Sep 1, 2022
1
Aug 30, 2022
NVDA is breaking down from the trendline dating back to 2015-2016. This could be a sign of weakness coming for the stock.
Aug 31, 2022
Note
It broke down from trendline and went down 4% after-hours today. Another retail darling in 2021 went downhill in 2022 (-58% from top).
Sep 1, 2022
Note
It is dropping more than I expected. I guess that's what happened when a long-term trendline got broken.
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Investor_NL
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