Even though it looks sitting at ~3670 support there’s another stronger support it can use at near ~3400.
Looking at the history, during 2008-09 crisis, no support could hold it falling it further. I see possibility it’s heading to that territory ☹ hope it won’t
$NVDA still has chance to shrink near ~120
from the date of Pandemic (March - April 2020) NVDA jumped almost 550% which was much bigger bubble to burst eventually that happened.
No doubt due to growing Datacenter market share NVDA is still a good buy for long terms.
Netflix SMA/EMA has been steadily trending much higher than S&p500 as people holding up for next earnings on 19th October and I believe it should eventually come down near $550 after earnings call to align with overall selling trend.
