NVDA has had a massive move while the fundamentals have done little to support it. The chart is showing a simple trade setup short on a break of the rising wedge. If true the could have wider implications for the Nasdaq as a whole and markets.
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Still waiting for the trigger
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Still no Trigger. Boring!
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Maybe triggering soon!
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Never triggered thankfully. New all-time highs with a PE of 200
Welcome the newest company to enter the $1 trillion market cap.
We are now in the new Dot.com bubble. Only this time we will call it the AI Bubble.