Nvdia has a lot of selling pressure A straightforward summary of my observations: I’m focusing on the upper part of the green box, where buyers have consistently stepped in with strength. The most recent dip into this area occurred the day before Thanksgiving during a market sell-off.
Here’s a simplified list of factors that I believe will contribute to Nvidia underperforming its Mag 7 peers:
- Overstretched valuation, trading near all-time highs while competitors like AMD and Intel have seen significant declines.
-Ongoing supply chain issues and tariff-related pressures.
-Slowing growth in expansion and revenue.
-Google emerging as a strong competitor in AI-training chips, challenging Nvidia's TSU ambitions.
-A highly extended market overall, increasing the chances of profit-taking and weakened buyer momentum.