NVDA Will drop today
In the current overheated market, the Semis have been the main catalysts driven by AI euphoria. Autonomous vehicles are one of the main catalysts for AI and with TESLA's cost reduction and the decrease in demand from China, this catalyst will lose its momentum in the next few months but will recover later part of the year.
NVDA will correct after earnings today and settle around 610. The market will take a correction in the next few days but will recover later.
Happy trading!
NVDA will correct after earnings today and settle around 610. The market will take a correction in the next few days but will recover later.
Happy trading!
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