$NVDA buyers continued to step in all day today. Surprised it closed green. Albeit a small green.
Now 4 straight complete candlesticks well outside the upper Bollinger Bands.
Daily RSI hit 80.
Last time RSI was this high was back in March.
Stock opened up and the sold off all day for a -11% peak to trough.
I have got to imagine we get a red day tomorrow, but I said that about today…
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For the gloom and doom, the SP and Nvidia do not go up in a straight line. But if you look at the history, the trend is up, up, and up!