NVIDIA Corp (NVDA)

[cadillacdave]

Charting works to some degree with regular stocks. A powerhouse like this and the charts never really tell the whole story.

The Fed is contemplating three rate cuts this year. Just in time to juice the economy for the election. Rate cuts will boost the markets and the economy. Charts can not account for that impact.

There are many factors that affect the price of a stock. A jolt to the economy will help all stocks and the markets in general, but especially this stock.

Politics plays a bigger role in this stuff than some care to admit. Mostly woke CEOs playing along with the government, to keep things propped up, also helps the situation.