NVDA - Watch the show, until the Sh** hits the Fan

28 Ogo

The expected “end of hype” around Nvidia stems from its current inability to forecast H20 chip sales to China, forced production halts, and growing political friction—despite its strong financial performance elsewhere.

The tension between U.S. export policy and China’s technological self-reliance is creating real operational and strategic obstacles for Nvidia.

In this weekly chart we still have an upward projection.
Nonetheless do we all know what a Game NVDA is playing by selling to its one companies.

The air is thin, very thin up there.
And after the Earnings Report we all know how the books are pimped.

A breach of the CIB line would make me go "hmmm....", and starting to look for a short.

Until then, just relax and watch the show.

5 Sep

Nota

Target is the Centerline:

10 Sep

Nota

The current pullback to the CIB is OK.
Maybe after the rollover everything tanks §8-)

17 Sep

Nota

Support was broken, then back into the coil, now it's probably breaking support again, which would be a good sign: