1)Very smart move for 10:1 RS in Nvda imho this make it much easier to unload to retail cause psychologically $100 feels different than $1000 (look tesla top and RS) I believe we are close to a blow off top target around $120 many similarities with Nasdaq 99-00 move 2)If i am not mistaken please do your reasearch a majority of Nvdia's factories are still in Taiwan vs Intel which has brought most of them back in the US 3)The saying is: where there is smoke there if fire and that could be the case with a Taiwan invasion some time in the long so distant future
Note
4)H1 blow off top then long INTC short nvdia 5)Tesla also did a RS in the EV mania back in 2021 now we have the AI mania 6)Nvdia trades almost 20 P/S !!! 7)Intel possible formation of a huge Cup and handle Please do your own research this is not an investing advice just sharing some thoughts...
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.