$NVDA
Added 2024-03-04 16:03:25 +0000 UTCWith the legacy Mega Caps starting to reverse to the downside, our eyes are on $NVDA to see when it will run out of steam.
$AMZN to a lesser extent but I am watching $188 for $AMZN to reject.
$NVDA is fast approaching its 2.618 Fib at $897, which is extended slightly but not outrageous....they also have incredible revenue and margins to back this up, so going extended is not out of the question here.....and the 3.618 Fib at $1198 is above.
If this was to happen, $NVDA would be carrying the entire market on its shoulders.
I personally think $897 is when the fun slows down.
