NVDA – Hope I’m Wrong
$NVIDIA(NVDA)$ ’s monthly BX is red, 🔴 signaling a potential pullback before another run.
⚠️ Not shorting this, but there’s a clear lack of monthly buying pressure.
📍 If this setup plays out, price could pull back to monthly market bias (~$100).
For now, I’ll keep watching the weekly chart over the next few months before deciding when to time a long position.
Great example of weekly Bx showing buying pressure being pulled out. It just means big money is leaving and retail will be stuck for a couple months of compression
Let’s see how this plays out.
PS：This is not financial advice, and I will never DM you.
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