Higham83

NVDA due for a massive correction

Short
BATS:NVDA   NVIDIA
The Monthly RSI has just had its second Peak after the main peak. Not saying this week or next month, but she will fall, and alot. $400 is my starter target. Ultimatlly $315 would be sweet.

Looking for a top of around $860. Remember this is taken off the Monthly, so this could take up to a year to happen.

The white dotted line is the Overall trend. We are to far away from our 200 EMA's. People will take profits here.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.