NVDA | SHORT
NVDA Possible Scenario: SHORT
Evidence:
The asset has moved outside of the Keltner channel on a monthly timeframe and is overbought across all timeframes. We are currently in the AI Bubble Era, with the economy facing potential challenges such as the possibility of a debt crash, a commercial real estate crash, or a regional banks crash, among others.
Target Prices:
TP1: $600
TP2: $400
TP3: $270
A 70 to 90 percent retracement is not an unusual scenario when a bubble bursts, similar to what occurred with many companies during the dot-com bubble.
Conclusion:
The stock market is at risk of collapsing due to the AI bubble.
Trade attivo
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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