Nvidia and other tech stocks like AMD are losing steam. Currently it is outside of it's main channel and printing a head and shoulders pattern. I am expecting some kind of bounce in the DCA area, the trick is to buy s l o w l y so you don't get caught without liquidity.
It's been nothing but bad news for the stock market, and the next Nvidia offerings are a ways away. Sit tight and buckle up, it's discount season soon
It's been nothing but bad news for the stock market, and the next Nvidia offerings are a ways away. Sit tight and buckle up, it's discount season soon
Note
I have moved my DCA zone lower to the 0.5, tech stocks and other speculative growth companies are being hit hard, we have already broke the 0.236 fibNote
Worse than I thought, position was closed below trend line
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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.