NVDA
⚠️ Analysis suggests Nvidia is currently undergoing a distribution phase, meaning large holders might be selling off shares.
📉 The stock’s recent price action is viewed as unsustainable, drawing parallels to previous market leaders like Tesla and Apple whose dominance faded.
💥 In a severe market downturn scenario, it’s suggested that Nvidia could potentially decline by 50% to 80% from its peak.
@josantrader:
“Nvidia, okay? Which I had been warning about. Nvidia, man, this is being sold. Nvidia is being sold. I said it many times, that what was happening in Nvidia made no sense anymore. Meaning, Nvidia will probably become just another company. Be it Tesla, or be it Apple, or be it whatever, that is no longer the base of the market, okay? It’s an important base, but not the base of the market, and another Nvidia will emerge, who knows from where, okay? It implies that many companies of this type drop, well, in the range of 50 to 80%. And yes, what I’m saying might seem stupid, but listen to what I tell you, that this, when it emerges, well, it emerges, okay? And you don’t know which one it will hit.”
Watch the exact part of the video where @josantrader talks about Nvidia here:
Watch the video on YouTube
Read more articles analyzing Nvidia (NVDA) at the following link. NVDA stock.
