Curb Your Nvidia Enthusiasm
Nvidia is still the dominate player but growth is naturally slowing and the stock isn't seeing the momentum and bullish sentiment it once was
The trade summary for this article can be found at the end of the article after my chart analysis.
A lack of enthusiasm seemed to be the reaction from Wall St. after last week’s star earnings report from none other than Nvidia $NVDA. This earnings report from the company was one of the more uncertain ones because of the fluid Chinese product situation still developing. It was the make-or-break piece of revenue and guidance. Yet, even with the headwinds, Nvidia managed to beat and raise. But only crickets followed. The stock was nominally down, and nothing too notable has transpired in the days following. Could it be likely this is the end of the express train higher?



