NVDA has gone on a really crazy rally with no end in sight. What concerns me is that it hasnt made a higher low since it has broken 187$ so the higher low IS NOT SET.We are going to see a really bad crash.The last higher low we made was at 138$.I have drawn the support box where i see it finding support. It has to find support here or the bull run will be over.
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It can also find support in the other purple box
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It looks like the rally is reaching its final stage, Tesla was also around this market cap when it crashed. Stocks and crypto are starting to trend back up which makes me think the money is going to flow out of Nvda and into them.
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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.