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Investor_NL

Breaking down from multi-year trendline

NVIDIA (NASDAQ:NVDA)  
Investor_NL Updated   
NASDAQ:NVDA   NVIDIA
Trend Analysis Chart Patterns
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trendanalysis chartpattern
NVDA is breaking down from the trendline dating back to 2015-2016. This could be a sign of weakness coming for the stock.
Comment:
It broke down from trendline and went down 4% after-hours today. Another retail darling in 2021 went downhill in 2022 (-58% from top).
Comment:
It is dropping more than I expected. I guess that's what happened when a long-term trendline got broken.
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