$NVIDIA(NVDA)$ I flagged earlier that $NVDA had to smash through $122 to keep its bullish streak alive. Instead, it got slammed with a brutal rejection and is now teetering on the edge of critical support at $113. That 10.17% plunge? No shock there, NVDA’s caught in the crosshairs of a tariff tempest. As a heavyweight supplier of chips powering electric and autonomous vehicles, the 20% tariff slap on Chinese imports is a direct blow to its gut. Global auto production’s hitting the brakes hard, dragging chip demand down with it. NVDA’s once-mighty tailwinds have morphed into savage headwinds, and if $113 buckles, brace for a freefall.
Why NVDA’s hurting:
Those tariffs aren’t just noise, they’re a wrecking ball. NVDA’s chips are the lifeblood of cutting-edge autos, and with China’s imports getting hammered, automakers are scaling back. Less production, fewer chips needed, and NVDA feels the pain fast. This isn’t just a blip, it’s a tech and auto sector bloodbath in the making.
📣 Tigers, listen up
Volatility’s brewing, and it’s not just noise, it’s your edge. The VIX is hovering at 18.46, a whisper away from chaos territory. If it punches past 20, that’s your green light, scoop up VIX call options and ride the surge. But don’t sleep on risk, tight stops are your lifeline. Meanwhile, NVDA’s dancing around $113, if it holds firm, it’s a bounce worth playing, but if it cracks, short it with conviction. Stay glued to the tariff headlines, they’re the wind in this storm. Adapt fast, and in this mess, the sharpest traders turn uncertainty into gold.
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thanks for sharing.
I read that China might pass a law/restriction against high power consumption chips... this might affect them too 😞
anyway... Put season still on 💰💰💰
I just need TSM to be up....
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?