The new bellwether for the semiconductor industry is reporting earnings Wednesday AMC, after the market close, which is not a good sign.
It could tumble down if even a minor negative is in that report.
The stock's trend is definitely overextended and at risk of being beyond its fundamental values.
IF
NVDA drops, so too will the 
NDX and 
SPX this week. NVDA is a heavy weight for these two indexes but not the Dow 30.
It could tumble down if even a minor negative is in that report.
The stock's trend is definitely overextended and at risk of being beyond its fundamental values.
IF
NVDA drops, so too will the NDX and SPX this week. NVDA is a heavy weight for these two indexes but not the Dow 30.
Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Martha Stokes, CMT
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
ttrader.im/learn-tv
Learn how to use the technical patterns of each market participant for better trade planning.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.