Nvidia usually goes up around 3-5% per day, even 17% yesterday, and there is absolutely no reason why it shouldn’t continue to do so.
Heavy institutional buying is expected to catch every dip, but it is rather unlikely this stock will experience dips at all.
Elliott wave:
NVDA is unique in that it only has impulse waves 3, but no corrective waves 2/4. Therefore we are currently trading in the everlasting wave (iii) of 3 to the upside.
Gann:
In W.D. Gann’s book “Tunnel Thru the Air” we find a hidden instruction how to trade NVDA, which is to yolo call options whenever Saturn and Jupiter form a 90 degree angle after new moon, or any other angle, or at any other time.
Supports: 300, 299, 298, 297, etc.
Resistance: none
Correlations:
NVDA is correlated with QQQ in an uptrend, and when QQQ is in a downtrend then NVDA is inversely correlated to QQQ.
Fundamentals:
As the Metaverse is expected to replace planet earth after climate collapse, NVDA is well positioned to supply the necessary GPU, since our new existence is best enjoyed in high resolution.
NVDA price currently experiences exponential growth, which is extremely sustainable and can only accelerate, per all the laws of physics.
When Mark Douglas writes “the stock market is an everlasting stream of opportunities”, what he meant was actually the NVDA stock, but this appears to be a well-kept secret of institutional players.
________________
Disclaimer: The above analysis is for educational purpose only (lol) and not financial advice. Obviously it is satire, but I better mention it.
Heavy institutional buying is expected to catch every dip, but it is rather unlikely this stock will experience dips at all.
Elliott wave:
NVDA is unique in that it only has impulse waves 3, but no corrective waves 2/4. Therefore we are currently trading in the everlasting wave (iii) of 3 to the upside.
Gann:
In W.D. Gann’s book “Tunnel Thru the Air” we find a hidden instruction how to trade NVDA, which is to yolo call options whenever Saturn and Jupiter form a 90 degree angle after new moon, or any other angle, or at any other time.
Supports: 300, 299, 298, 297, etc.
Resistance: none
Correlations:
NVDA is correlated with QQQ in an uptrend, and when QQQ is in a downtrend then NVDA is inversely correlated to QQQ.
Fundamentals:
As the Metaverse is expected to replace planet earth after climate collapse, NVDA is well positioned to supply the necessary GPU, since our new existence is best enjoyed in high resolution.
NVDA price currently experiences exponential growth, which is extremely sustainable and can only accelerate, per all the laws of physics.
When Mark Douglas writes “the stock market is an everlasting stream of opportunities”, what he meant was actually the NVDA stock, but this appears to be a well-kept secret of institutional players.
________________
Disclaimer: The above analysis is for educational purpose only (lol) and not financial advice. Obviously it is satire, but I better mention it.