We know that $NVDA's earnings will be affected by the further Chip ban from the US to China, so this will put their earnings under pressure.
The price action, the indicators and the formations are all trending to the downside and we have a real chance to get $NVDA under $76, below the 0.5 Fib, where we can see the 200 WMA moving to.
I suggest members make sure they have money aside to take advantage of this opportunity if it is presented to us.
When the price was at $153 at the start of the year, absolutely everyone would have jumped at the opportunity to buy under $76, it is no different now, these tariff wars will push the price into an oversold state and we must take advantage, this is one of those opportunities that can change your portfolio for many years to come
So you must be ready.
Jags
2025-04-22 11:45:25 +0000 UTC