NVDA, AI MARKET Volatility-DRIVER, Prospects and Considerations!

1 בספט׳ 2023

Hello There!

Welcome to my analysis about NVIDIA on several timeframe perspectives. The fourth industrial evulotion is accelerating massively with many stocks adopting the AI technology and others, the ones that are still operating on old economy level and do not adopt the new technology seems to depreciate and do not move forward with the rally similar as it has been seen within the dot-com bubble where 90% of the stocks within the market have been burned and did not recovered. Now, a major question is if NVDIDIA is catching the same fate and if it is ripe for a huge bearish bubble burst or it continues to print solid continuations and upside potential as it made within the recent times.

In this case the main AI Stock Index is a important indication as well as the fact that NVIDIA is continuing with the trend dynamics here. Especially as NVIDIA already moved faster and approached the all-time-high it has room for further continuations similar as it is within the wave developing within the AI Stock Index. This means that NVIDIA is having the target-zones within the upper boundary of the channel at around 1000. Once these have been reached it could turn out to be a major bearish distribution zone if the market changes and interest rates climb to higher levels. Therefore it will be important how and if NVIDIA shows up with bearish momentum because this is going to alter the dynamics.

In this manner, thank you everybody for watching, support is greatly appreciated, all the best!

VP

6 בספט׳ 2023

הערה

ANALYSIS UPDATE: NVDA is now approaching a zone from where it has to decide if it continues or if it is setting up a healthy correction.

If demand continues to rise and NVDA stays on top within the microchips distribution stocks this is likely to indicate a further continuation firstly.

6 בספט׳ 2023

הערה

ANALYSIS UPDATE: Technically NVDA already completed a major flag-formation with the breakout above 480, this already activated targets at 580.

Therefore, it is highly necessary that the demand in the market preceeds to approach these decisive zones.

26 בספט׳ 2023

הערה

ANALYSIS UPDATE: NVDA is continuing to form the major channel formation within the local structures.

NVDA is going to set up a major breakout in the upcoming times leading to a decisive price action acceleration.