NVIDIA Corporation
Giá xuống

Follow Through on Head and Shoulders X2

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I was bearish on NVDA through earnings because of a couple signals I was monitoring.

1) large head and shoulders (or double top) formed on hourly.

2) Smaller head and shoulder on the 15m played through to the 162% just before earnings.

3) I charted my reasons for being short NVDA. Bitcoin dropped from 48k to 20k since Jan. Less Miners = Less Demand for Video Cards. Higher Dollar = Lower Bottomline
Bitcoin  Down.. NVDA Down


Let me put on my tinfoil hat for a second and tell you what I think about Bitcoin short term outlook.
How I look explaining WYCKOFF to family and friends


My thoughts for September can be found here.
A Perfect Storm


In short... I'm leaning to the downslide.

Not Financial Advice. I'm just a punny guy.

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