To The Moon

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The trajectory of US stocks last week is roughly the same as that predicted. Under the continuous pressure of star stocks, the stock index also fell synchronously. Although from a technical point of view, NVIDIA's head and shoulder break may mean further downward and partial filling behavior, thus dragging down the market to continue downward revision, some subtle news changes also reveal pessimistic optimism.Continuing the selling pressure brought by chip rumors in the previous two weeks, NVIDIA finally broke down last week. Whether this is the final and effective break is expected to be concluded this week. According to the situation of NASDAQ, the probability of breaking the position is quite high. According to the theoretical goal of the form standard, after the successful break, the d

NVDA: Two more directors sold shares at around 230 on 1 March, according to the latest form-4 filings. They sure thank retail for buying into the AI narrative. What's That? A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. When it is accompanied by declining volume, it can signal a trend reversal and a continuation of the bear market. Declining volume is a giveaway The Breakdown One thing experienced traders love about this pattern is that once the breakdown happens, the target is reached very quickly. Unlike other patterns, where confirmation must be shown before a trade is taken, we