This Is The Bounce
Final sentence from yesterday: “If the bounce comes before their earnings, a NVDA disappointment on forward guidance could provide the excuse for a major smackdown.”
So today we are getting the bounce. I expect NVDA to reach between 132-134 in today’s session. It is a SELL at that level. The market should resume declining tomorrow and Friday. NVDA is likely to break down significantly. (This is not investment advice, just my opinion.)