NASDAQ:NVDA is looking to peak at about 1024ish. The last time the stock moved like this, it started at 140 and peaked at about 380. This stock is losing steam, and sentiment is beginning to waver. At this point, the growth is going to slow and I think we're going to see it top out at about 1024. From there, expect a heavy retracement back to about 750.
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NVDA - March 8th, 2024 - A little trip and fall. Completely expected as the stock tests new heights. Expect to slide right for a few days at about 870 as volatility cools off, and then ride the wave back up to 950.
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NVDA doing well staying between up-channel lines. Inflation data was moderate, which means that stock movements will continue to be moderate. Rising tops are continuing to prove strong, meaning that this stock is well on it's way to break 1000 as predicted.
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NVDA Doing well, making a floor at 876 as predicted. Playing with the idea of staying in channel as set from the past 3 months. 900 is hard to bust for any stock. Lots of profit taking at these levels too.