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since Jul 13, 2024
chartpattern
fundamental
trendanalysis
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Outcome Recap: A few days ago, I shared my analysis on Nvidia, highlighting a potential target of $135, which has now been successfully hit. This move was aligned with my expectations as Nvidia showed signs of selling pressure within the marked resistance zone while buyers stepped in around the upper part of the green box. Key Highlights from My Previous...
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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: -...
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