I first started warning that NVDA was getting tired back on April 12, 20223 in this chart
Since then the H&S pattern did not trigger a short or sell depending on which side you are on.
Instead, Price Broke the rising wedge via time and was "Head Tested" leading to another bearish structure a shallower rising wedge. If that fails it would trigger a trade depending on your position.
Since then the H&S pattern did not trigger a short or sell depending on which side you are on.
Instead, Price Broke the rising wedge via time and was "Head Tested" leading to another bearish structure a shallower rising wedge. If that fails it would trigger a trade depending on your position.
Comment:
Getting close to failure.
Comment:
Never triggered thankfully. New all-time highs with a PE of 200
Welcome the newest company to enter the $1 trillion market cap.
We are now in the new Dot.com bubble. Only this time we will call it the AI Bubble.
Welcome the newest company to enter the $1 trillion market cap.
We are now in the new Dot.com bubble. Only this time we will call it the AI Bubble.
Real Macro Economic Investing
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