The announcement by NVDA of a 10-1 split is an early warning sign of a coming top. It will take a while to play out(so it isn’t a good timing tool) but when you see stocks have very large splits, 4-1, 5-1 and especially 10-1, it almost always leads to a top or at least, significant correction.

NVDA’s 4-1 split back in 2021 is a perfect example. A few months after it, the stock began an almost 1 yr decline that erased two thirds of it’s value.

This being a 10-1, says it is more likely, that when NVDA finally tops out in the next few months, it will not come back to make new all time highs like it did over these last two years since that previous bottom.