The hopium of this stock is that it will help build the AI infrastructure. The problem is that AI infrastructure is already overbuilt and we are going into massive layoffs in the tech sector. Furthermore, the AI bubble is wakeup call is that like back in the internet bull run, most companies that have been buying all the tech to turn into an AI company will go bust, leaving a huge void in sales for everyone. NVDA included.
Note
Looks like a double top at 7.60.Note
Breaking down hard. Target $4.00Note
March 2025 Puts are a steal. Someone is not keeping up with the volatility and price collapse. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.