BEARISH CASE: NVDA SHOWING CLASSIC PARABOLIC EXHAUSTION 📉
After an unsustainable 300%+ rally since Q3 2023, NVDA is displaying textbook parabolic blowoff characteristics. Weekly chart shows fractal trend violation with price touching upper resistance for first time since 2023.
4-hour chart reveals rapid breakdown below parabolic SAR support - a key reversal signal after extended uptrends. RSI at weekly overbought levels (70+) for prolonged period, historically precedes significant corrections.
Multiple Fibonacci retracement levels ($110-130) now acting as downside targets, representing 30-40% correction potential from all-time highs.
Institutional rotation away from AI premium already in progress. Extremely elevated valuation metrics combined with technical exhaustion pattern suggests profit-taking accelerating.
The AI narrative has pushed NVDA's market expectations beyond reasonable execution capabilities. Watching for confirmation at $150 support level - a break there opens path to much larger correction.
NVDA #TechnicalAnalysis #BearishSetup
After an unsustainable 300%+ rally since Q3 2023, NVDA is displaying textbook parabolic blowoff characteristics. Weekly chart shows fractal trend violation with price touching upper resistance for first time since 2023.
4-hour chart reveals rapid breakdown below parabolic SAR support - a key reversal signal after extended uptrends. RSI at weekly overbought levels (70+) for prolonged period, historically precedes significant corrections.
Multiple Fibonacci retracement levels ($110-130) now acting as downside targets, representing 30-40% correction potential from all-time highs.
Institutional rotation away from AI premium already in progress. Extremely elevated valuation metrics combined with technical exhaustion pattern suggests profit-taking accelerating.
The AI narrative has pushed NVDA's market expectations beyond reasonable execution capabilities. Watching for confirmation at $150 support level - a break there opens path to much larger correction.
NVDA #TechnicalAnalysis #BearishSetup
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。