Nvidia Losing Steam
Updated
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
Comment
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 fibComment
Worse than I thought, position was closed below trend lineDisclaimer
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