ProjectSyndicate

NVDA D1: Maxed out, 40% correction, gap fill (NEW)

NASDAQ:NVDA   NVIDIA
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NVDA D1: Maxed out, 40% correction, gap fill (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: NVDA daily chart review
::: maxed out right now
::: marginal upside remains
::: slight push higher possible
::: before we top out next
::: huge open gap at 220 USD
::: PT is 220 USD 4-10 weeks max
::: correction can last 4-10 weeks
::: strategy: scale in SHORTs after
::: we hit max out this coming week
::: market is disconnected from reality
::: all good news already fully priced in
::: get ready for destruction derby
::: don't get wiped out with this correction
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH

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