NVDA trend is up; expect breakout through 230 resistance to new highs (240-250+) after accumulation.
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Same thing with stocks as well. Um, Nvidia 5%,
Nvidia,
They got into bed with Nvidia.
Let's talk about Nvidia. Last week I said 231 and be toppy. Boom. Absolutely nailed that. Uh, and here we are. We're down at 225. So, every time it hits this green line, this is now the new resistance. big blue bar saying resistance.
I don't know if we're going to break through it. A lot of negative chatter about Nvidia right now. People saying, "Oh, the insiders are selling." Yeah, one of the board members, he sold like half a percent of the stock and people are freaking out.
But people have to pay taxes and people also have to enjoy some lifestyle chips. A lot of these people on the board, they are, you know, when you're say my age or in your 60s or whatever, you get more bills and you want to start building some memories and that takes some money.
Anyway, good news. Buy signal here. Trend is up. Hit that resistance heading off a little bit. I think there will be constant accumulation here as you um as we bounce up and down.
The range should get tighter and then eventually a big breakout through that 230 level and then off to a new alltime high 240 250 plus. That's Nvidia.
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