Replies to post #28498 on Cycle Trading

[No-Quarter]

I believe its a blow-off top, and the cycle end is near. Nvidias order book is filled with customers double and tipple ordering just to get something, and paying a premium to get them. Its unsustainable. Competitors already have alternatives available, and are ramping up.

I'm not buying it. Literally not buying it.

Stay close to the exit door.

https://charts.equityclock.com/volatility-index-vix-seasonal-chart

[No-Quarter]

FYI - https://www.axios.com/2023/08/24/nvidia-chips-ai-boom-earnings