Everyone was talking about ChatGPT in the last quarter. Investors were trading on a rush. Thanks to launch of the bot, well-known stocks, such as NVIDIA shares, have shown the highest profitability among all stocks - components of the S&P500 and Nasdaq-100 indices since the beginning of the year. Previously low-profile AI stocks like MobilEyE Global , ...
It doesn't take ChatGPT to realize that a big ETF like this is a certain laggard in comparison to the top 10 blue chips that make it up
Double Top Pros: Descending volume during formation PPS above 50MA R/R ratio above 7 RS descending but still above 0 ATR flat Cons: 250RSI above 50 200MA ascending PPS above 200MA If confirmed: PT = 19,40$
Looks like a drop is coming on this one, that trend line is very steep.