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As I suggested on my show yesterday, NVDA would find support at its channel midline, and sure enough, that’s precisely what it did. I strongly suspect today’s bounce will be all it’s gonna get. The bulls are about to give their faces shoved into the mud.
Just try to take my 30 foot tall. Ballerina Clown.
After a couple of days of modest weakness, it’s no shocker to see a little green this morning. With decades of conditioning, humans are going to be “buying on the dip” at any opportunity, never know when it’s already too late. The world is going to be completely obsessed with NVDA for the foreseeable future, although I am confident the same thing is going to happen to them as happened to Cisco – – in a couple of years, no one will care about them. Not even a little.
