As you can see from the chart, 
NVDA formed a double top at the highs and has started it's bear market.
I think from here we're going to see a move down that goes lower than what most people expect will happen.
I've seen a lot of people sharing that they want to bid the $72 region, which would make sense if this was a normal correction, however, I think this is a larger market wide panic and that price will go lower than what most people expect.
I think price is likely to hit the target in the bottom box by the end of 2025.
Let's see what happens over the coming months.
NVDA formed a double top at the highs and has started it's bear market.I think from here we're going to see a move down that goes lower than what most people expect will happen.
I've seen a lot of people sharing that they want to bid the $72 region, which would make sense if this was a normal correction, however, I think this is a larger market wide panic and that price will go lower than what most people expect.
I think price is likely to hit the target in the bottom box by the end of 2025.
Let's see what happens over the coming months.
Nota
Added NVDA 09/13/2024 70.00 P
NVDA 10/18/2024 40.00 P
Nota
Added 9/20 80P too
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.