The company and chart that I believe is driving the negative sentiment in the market right now because of how weighted and influential it is.
This chart has not changed since the last time I uploaded it but it is important to see how it is moving for awareness.
Price is right now in the pull back range for Wave C that we need to see hold, or the price falls into the 'troubled' range on the chart under $100.
Losing the August low at $90 and the 200 WMA is real possibility next at $52.
No chart is exempt from a -50% retracement after completing its Impulse Wave, even $NVDA.
For the bulls, they need to see this get back up above the 50 WMA at $120, which is back into the ascending triangle too and hold.
Jolts, CPI and PPI need to report and get this behind us.
Pierre penasa
2025-03-10 16:57:23 +0000 UTCJustin Matthews
2025-03-10 14:47:57 +0000 UTCMarek
2025-03-10 13:39:55 +0000 UTCPJP
2025-03-10 13:19:51 +0000 UTCsafoo
2025-03-10 13:15:26 +0000 UTCStevie C
2025-03-10 13:01:31 +0000 UTC