Nvidia Breaks Major Support Trendline, Is The AI Semi Trade Over?
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Chief Market Strategist Gareth Soloway uses technical analysis and proprietary techniques to look at a potential major breakdown on Nvidia (NVDA). Gareth shows investors how to draw trendlines, both support and resistance on the NVDA chart, and analyze the break below a major trendline. Is this the end of the AI trade? Is Nvidia about to drop to $150 per share? Gareth discusses why this break is unconfirmed and why it is imperative investors know the difference between a unconfirmed breakdown and a confirmed breakdown.
Video Length: 00:09:20
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