NVDA Rounding Topping Pattern!

14 Mar

I started warning about NVDA back on Nov. 4th, 2024, and we all saw a healthy -30% decline since then.

Updating that chart reveals a rounding topping pattern in place. Despite the 30% collapse, the pattern remains as bearish as ever.

CAUTION is in order!

3 Nis

İşlem aktif

Since my initial post warning NVDA has topped out price is down 30%.
that's almost 1/3 of the company's entire value. 7% was lost today alone.

Remember no matter how high the price goes in any stock, it is always 100% from ZERO!
So losing 30% is a very big deal!

As expected! I see no reason why this doesn't lose 50% of its value at least!

21 Nis

İşlem kapandı: hedefe ulaştı

Again I am forced into "Target reached" by Tradingview. It is not good for me as a Macro Trader. I will repost this chart. SIGH!

I'm renaming this pattern "Hagia Sophia"! Hahah!

Whatever it takes to get you to see it. ))

Anyway, it is backfilling all the way down.