Goontata84

Goontata84

Birds eye view of Disney's red flags. Yet another corporation gets a swirly in the public toilet by woke insanity leadership. Like the rest they endure a public lashing on social media, they cry for Argentina and then enact a public relations dream job. An orgy of pseudo-viral internet hype, resurrected leadership nostalgia for the stock holders and good ol'...

Goontata84

Yet another corporation gets a swirly in the public toilet by woke insanity leadership. Like the rest they endure a public lashing on social media, they cry for Argentina and then enact a public relations dream job. An orgy of pseudo-viral internet hype, resurrected leadership nostalgia for the stock holders and good ol' fashioned base-demographic pandering. In...

Goontata84

After taking a look at NVDA and the situation shaping in that chart, I decided to take a closer look at TSM (Taiwan Semiconductor Manufacturing) as a comparison and hopefully get an idea if the bleak outlook of NVDA is more about NVDA in particular or chips in general. It doesn't look nearly as bad but it does not move like NVDA does, which is basically a meme...

Goontata84

NVDA 20 year parabolic trend line broken and recent rally testing old support, now as resistance. the narrative will eventually catch up with the chart technicals... China invading Taiwan?

Goontata84

A closer look at a shorter time frame. This large gap in volume will act like a magnet for price action as the chart breaks down. My medium term price target is easily $100 and below. Approximately $86 to $72. Long term price target could be as low as $48. If things get really bad you could definitely be looking at sub $48.

Goontata84

NVDA has respected this parabolic trend line since its inception. The down leg in 2022 broke the parabolic trend line and this recent rally has gone all the way up to test this same trend line as resistance. It's only a matter of time before the narrative supports the technicals, whether it's a tech sector recession or China invading Taiwan. Chips in general are...