NVDA | SHORT
NVDA Possible Scenario: SHORT
Evidence:
The asset has moved outside of the Keltner channel on a monthly timeframe and is overbought across all timeframes. We are currently in the AI Bubble Era, with the economy facing potential challenges such as the possibility of a debt crash, a commercial real estate crash, or a regional banks crash, among others.
Target Prices:
TP1: $600
TP2: $400
TP3: $270
A 70 to 90 percent retracement is not an unusual scenario when a bubble bursts, similar to what occurred with many companies during the dot-com bubble.
Conclusion:
The stock market is at risk of collapsing due to the AI bubble.
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Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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