NVDA has been the golden child of '23 for sure but I believe it's time for it to take a breather. I don't think such a large gap will go untouched for too much longer. I know I'm not the only one seeing this, so I'd expect there to be some games being played before we get there, either way I'll be positioned well for this fall. The higher it goes, the better the...
It seems obvious now but SPY will be headed into this target area and possibly lower to find a bottom around $290. The monthly 50 EMA has proven to be consistent support but I believe we're on pace to break below it again for the first time since 2008-2010. After this summer's bullish correction, the market will be ready to make the real move into bear and...
I'm new to charting this asset, but based on what I was able to chart here on the 1H, it seems very clear to me that a considerable fall is looming. I could see it consolidating a bit at the top portion of the uptrend channel I have drawn up. I'd expect it to take a dive by mid January 2023 at the latest--> $1.18596 is my price target. Of course Only Time Will Tell
