Contrary to popular belief, I'd say $NVIDIA Corp(NVDA)$ ER would be MEDIOCRE, MEH๐
Quoting the idiom 'Nothing to write home about'.
Though sale of shares by the CEO and board of directors were pre-planned, it gives me the jitters now that possibly, just possibly, these peeps felt that that's the max stock price that NVDA can go (at least for this year). Kinda like taking profits before the plunge (blackwell delay could easily be the scapegoat) and maybe using these profits for 'buy back' schemes in the next quarter to drive stock prices up in the next quarter.
It's all a cyclical game isn't it?
Modified in.08-29
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Comments
You're right Sis! Nothing to write home about hereโผ๏ธ $NVIDIA Corp(NVDA)$ Currently in a strong bearish trend, with Elliott Wave analysis confirming further downside as the stock dives into Wave 3, eyeing a drop below the $100 support levelโand Iโm here for it! ๐ป๐ฅ The technicals are shouting, โGo low, or go home!โ as this corrective phase builds up, cranking up the downward pressure like my morning โ๏ธ โ๏ธ machine on overdrive! โ๐ This bear isnโt hibernating anytime soon, and Iโm rooting for that next leg down. come on the video let's go already ๐ This ride is heading straight for the bearish express ~ no stops, JUST drops! ๐ปโฌ๏ธ๐ป๐๐ฝโฌ๐ป