(Not financial advice)
Comment below if you so choose, you vagabonds.
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We are looking at a 5th wave extension, inside of an extended 3rd wave. The potential drawdown here has historic potential, similar to crypto crashes.
You may think this is hyperbolic, but I'm only saying that we are returning to 2022 prices. If you don't think markets can revert back to a mean, or give back a few years of gains, you must be new here. Everyone needs to get out of NVDA now. Right now. This is not a joke.
$0.32 --> $211
That is a 660x (66,000% return in 13 years)
Not even Bitcoin has done that. Let that sink in.
I don't think most people understand that.
Bitcoin's biggest gain on record, was $2 --> $1,160
Which is 580x. Absolutely monstrous.
A new financial universe. Completely taking the modern banking system over. That's why you get a 580x bull cycle.
Of course NVDA is Ai, and Ai is completely taking over the human universe, right?... No, Jimmy. (Jimmy's an idiot - Credit to KiNG NaSDaQ)
So, if you need a fundamental reason, because TA just isn't good enough for you: Current LLM models have reached an intelligence limit and only fractional gains of intelligence have been recorded more recently. This is allegedly why the OpenAi whistleblower is now dead. Because he was trying to explain that these LLMs are incapable of achieving superintelligence.
Another reason is that Nvidia makes general purpose chips for a specific problem. Newer GPU's like Cerebrus' chips and Talos are specifically hardwired for Ai now. They amount of compute is exponentially greater than Nvidia. So essentially, NVDA Ai potential has peaked, and for any more significant gains, specialized chips from other companies are needed.
Comment below if you so choose, you vagabonds.
----------------------------------------------------------------------
We are looking at a 5th wave extension, inside of an extended 3rd wave. The potential drawdown here has historic potential, similar to crypto crashes.
You may think this is hyperbolic, but I'm only saying that we are returning to 2022 prices. If you don't think markets can revert back to a mean, or give back a few years of gains, you must be new here. Everyone needs to get out of NVDA now. Right now. This is not a joke.
$0.32 --> $211
That is a 660x (66,000% return in 13 years)
Not even Bitcoin has done that. Let that sink in.
I don't think most people understand that.
Bitcoin's biggest gain on record, was $2 --> $1,160
Which is 580x. Absolutely monstrous.
A new financial universe. Completely taking the modern banking system over. That's why you get a 580x bull cycle.
Of course NVDA is Ai, and Ai is completely taking over the human universe, right?... No, Jimmy. (Jimmy's an idiot - Credit to KiNG NaSDaQ)
So, if you need a fundamental reason, because TA just isn't good enough for you: Current LLM models have reached an intelligence limit and only fractional gains of intelligence have been recorded more recently. This is allegedly why the OpenAi whistleblower is now dead. Because he was trying to explain that these LLMs are incapable of achieving superintelligence.
Another reason is that Nvidia makes general purpose chips for a specific problem. Newer GPU's like Cerebrus' chips and Talos are specifically hardwired for Ai now. They amount of compute is exponentially greater than Nvidia. So essentially, NVDA Ai potential has peaked, and for any more significant gains, specialized chips from other companies are needed.
הערה
Perhaps, after the collapse over the next 2 years, Nvidia will change from the general use chips with DOCA to more specialized chips like Cerebrus is doing. Then, perhaps, Nvidia can make a comeback as suggested above. But 1st....there are a LOT of bad loans out there, supply chain commitments, accounts payable that may be written off.הערה
More bullish path, if say the Federal Reserve decides QE is the only way, again.
הערה
עסקה פעילה
Weekly chart below.6-10 weeks were engulfed by last week's bearish candle.
If you are buying NVDA right now, you will be a bag holder.
Confidence interval ~99%
הערה
I appreciate the negative comments because they force me to re-evaluate my thesis.Look at the Cisco chart from 2000. This was the poster child of the dot-com bubble.
The Cisco top looks eerily similar to Nvidia in my opinion.
$50/share on NVDA in the next 1-2 years is completely reasonable if you believe that this bubble will play out similarly to that one.
הערה
"A major parallel noted by skeptics is a surge in supply commitments. Michael Burry recently warned that Nvidia’s $95.2 billion in purchase obligations (up from $16.1 billion a year prior) mirrors Cisco's aggressive supply contracts in 2000, which led to billions in unusable inventory when demand shifted."
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.