To The Moon

Hi everyone! I’m here to give another update on everybody’s favourite semiconductor stock - Nvidia! To make my charts simpler and less cluttered, I have re-charted NVDA from scratch! It is very different from what I had envisioned previously. Here’s a look at Nvidia’s daily chart: Based on the daily chart, we can see that the stock is trading in a large broadening wedge pattern. Based on what I can see from the bearish divergences (red lines), it suggests that a big leg down could be coming on NVDA. We once again have higher highs based on price action but higher lows based on the 14-day RSI. With yesterday’s closing candle showing a curl of the RSI, I think we have created a third lower high on the RSI while making a third higher high in the stock price. This is indicative of a leg down

$XPeng Inc.(XPEV)$ I revise my trade stance on XPEV to LEAN BULLISH from the previous stance of NEUTRAL. The stock is still trading in the symmetrical triangle pattern it has been in for the past few weeks. The past 2 trading days' movement has turned out as I expected, with a bounce off the lower trendline and move back towards the upper trendline. In today's pre-market trading, the stock gapped up on the back of strong delivery numbers for the quarter. Similar strength was also seen in LI and NIO on the back of their strong delivery numbers. The stock has a healthy 14-day RSI of 50.43 and is currently trading between the lower and middle Bollinger Bands. The stock is expected to open near the middle BB, and could suggest a pote