1. This run initially began on 8/3/2015. See the volume surge on the weekly chart. Institutions that bought then are sitting on a long term capital gain.
2. We are now 71% above the 200dma. A climb to $100 (certainly possible) would put us at 100% above the 200dma which is an offensive sell signal.
3. NVDA broke above a long term uptrend line (15 months). That is another sell signal.
2. We are now 71% above the 200dma. A climb to $100 (certainly possible) would put us at 100% above the 200dma which is an offensive sell signal.
3. NVDA broke above a long term uptrend line (15 months). That is another sell signal.