Yes, NVDA is stretched.
Price got so pumped with all the AI (fake?) news that it looks now like a Pump & Dump pattern.
However, it's not a reason to play Lotto.
We better wait for facts.
What are the actual facts in the eyes of a TA?
a) Pendulum Swings give context
b) the daily chart reveals where price has a high potential to turn sour. It's when price is opening within the Pitchfork, where we will short it and ride down to the Center Line.
c) RSI gives context about a strong divergence and underpins the story.
So, no no need to rush here.
And if we miss it?
Then there's always another trade §8-)
Price got so pumped with all the AI (fake?) news that it looks now like a Pump & Dump pattern.
However, it's not a reason to play Lotto.
We better wait for facts.
What are the actual facts in the eyes of a TA?
a) Pendulum Swings give context
b) the daily chart reveals where price has a high potential to turn sour. It's when price is opening within the Pitchfork, where we will short it and ride down to the Center Line.
c) RSI gives context about a strong divergence and underpins the story.
So, no no need to rush here.
And if we miss it?
Then there's always another trade §8-)
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👉 Web: HowToChart.com
✅ Learn to make money
✅ Earn while learning
✅ Wins & losses go hand in hand
🔱 Free E-Book: howtochart.com/forktradingblueprint
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
🔱 FOLLOW & BOOST ME 🔱
✅ Learn to make money
✅ Earn while learning
✅ Wins & losses go hand in hand
🔱 Free E-Book: howtochart.com/forktradingblueprint
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
✅ Learn to make money
✅ Earn while learning
✅ Wins & losses go hand in hand
🔱 Free E-Book: howtochart.com/forktradingblueprint
👉 YT: youtube.com/@howtochart
👉 Web: HowToChart.com
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.