$NVIDIA(NVDA)$ • This will be

• This will be interesting here once the low of couple of weeks back is taken out.

• Current structure is a bear flag ready to break down with a massive PUT flow in action.

• On the macro front CHIP ACT being a disaster is a problem along with the manufacturing shift + $MSFT news about AI oversupply.

Let's see if 98-95 zone can hold or there can be a bigger drop to 75. Long term bullish still unless the trendline is taken out. Short term bear!

Cathie Wood Adds Nvidia! Will You Follow Her Lead?

On Monday, Cathie Wood's ARK Innovation ETF — purchased approximately $14.8 million worth of Nvidia shares, acquiring 151,979 shares based on Monday’s closing price. Would you accumulate NVIDIA or stay in cash?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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