Nvidia - The correction just started!

💉Nvidia (NVDA) remains quite weak:

Over the past couple of days, we saw little to no movement on Nvidia at all. However, the underlying trend is slowly starting to shift bearish with the recent consolidation of about 6 months. This -20% drop which we already witnessed does not seem to be the end.

$150

💉Nvidia (NVDA) is heading lower:

It sounds almost incredible but for the past six months, Nvidia has overall been consolidating. This is a clear sign of weakness and bears are slowly starting to take over. We did not yet see bearish confirmation though, but Nvidia is clearly shifting back bearish.

$150