The Long Investor
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$NVDA
🕑 Added 2025-03-28 13:45:55 +0000 UTCI have been quite vocal on X on the importance of $NVDA to the market and I have shared these views in this group.
I believe $NVDA holds the key to the market and with $MSFT struggling and $AAPL hitting its Wave A target already, the market can not afford to lose $NVDA too.
$NVDA has started the day stronger than most in the market and is currently green, which is not a surprise considering it is holding on the green 0.618 Fib at $111.
But $NVDA bulls must start stepping in and bring this back up to the trend line at $121 and flip this to support.....another rejection at this level and I do not believe the market will be too kind to $NVDA and I would expect considerable downside next then.
So $121 must be recaptured soon.
Comments
G4Golf
Cap, is it possible we have already seen a short 5th, in which case retrace to the previous wave 4 low not inconceivable?
mark_williams
So, now you Are waiting for 121? Or is there another absolute Zone where a Sell is inevitable? Thanks
ray
Let there be carnageeeee
Gareth Neary
I have 1 buy in for $NVDA, a second rejection at $121 and I would consider selling yes
Taylor D
Or is this an even bigger conversation given if NVDA dictates the market and if NVDA is going to the downside, we should expect the market to do so too?
Taylor D
I believe you have some buys of NVDA ~$120. If we don't regain 121 and expect downside do you plan on trimming / selling your position?
