From my chart, it should be very obvious that the euphoria for NVDA has ended. We all know that this stock is over-priced. Yes, it is earning a lot more from the data centers (please see their financials if you are interested, but I don't trade from fundamental analysis).
What we also know is that their executives have been selling into this price movement up. While a lot of the bears were heavily damaged during the past 5 months, I am here announcing that the end is here.
The fabulous results from NVDA also triggered a lot of upgrades of price targets from major banks and other financial institutions. What I can say is, this is definitely an attempt at liquidity for the strong hands to exit.
Good luck! Get the word out there!
What we also know is that their executives have been selling into this price movement up. While a lot of the bears were heavily damaged during the past 5 months, I am here announcing that the end is here.
The fabulous results from NVDA also triggered a lot of upgrades of price targets from major banks and other financial institutions. What I can say is, this is definitely an attempt at liquidity for the strong hands to exit.
Good luck! Get the word out there!