NVDA price action pre-split is comparable with AAPL
$NVIDIA Corp(NVDA)$ Will the weekly candle print a shooting star tomorrow?
That would be interesting, considering RSI far above 70 and the candle above the Bollinger Band.
The monthly chart is no different in every aspect.
$1232 was the level that finally rejected price today.
The 2022 split generated a bounce, daily price was at the lower Bollinger.
This price action pre-split is comparable with $Apple(AAPL)$ in September 2021: Short term decline followed by further upside.
Stock spilts can bring extra-euphoria, it is a good sign medium and long term, in the short term there could be a buying opportunity, check the latest splits for AAPL, $Amazon.com(AMZN)$ $Alphabet(GOOG)$ $Alphabet(GOOGL)$ .
And yes, the latest stock split for NVDA did not pull back, but it could happen.
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https://x.com/SmartReversals/status/1798818497054564490
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