🚨🚨 Urgent ‼️ DONT Miss This Update ✨️

NVIDIA (NVDA) Weekly, Long Term Bearish—An Easy Short

Here we have the NVDA chart on the weekly timeframe. This view will give us a better understanding as to what is possible in the long-term, much better than looking at the chart too close which can lead to confusing and wrong interpretations. When in doubt, zoom out.

There are lots of signals to consider but we will not review them all, let's focus on some basics as this should be enough.

The first is the trend, a long-term uptrend. Now compare this with the trading volume. For years, NVDA has been going up while volume has been going down, almost three years with this type of divergence. This is a bearish signal and it shows that year after year the stock is losing buying power, less and less participants are engaging this stock.

When people stop buying, positive momentum runs out and the market changes course.

The RSI peaked March 2024, more than two years ago, and it has been dropping since. This is a very, very strong bearish divergence. As NVDA is trading close to its all-time high yet the RSI is so advanced going far down; this shows that we are witnessing a change of trend a bear market—rather than a simple down-move or correction.

Many people will say that it all depends on the earnings but, I trust the chart. Regardless of the earnings, regardless of any temporary hype or news report, the chart is saying down and down the stock goes. It can take a while, but the chart never gave us a specific date. The chart only said that the bullish cycle has been exhausted, the trend will soon reach its end. This is according to the chart. We will know what actually happens based on the results. The earnings were good so, shouldn't NVDA be going up?

The stochastic, weekly, peaked in April while this month we have a lower high, another bearish divergence. It is already moving straight down and this supports additional bearish action. Can be 2-3 months or years, who knows? It is always a balance of the action that preceded it.

We can be witnessing a correction for the rise that started April 2025, this would be short-lived, several months of bearish action at most. We can also be witnessing the correction of the bullish cycle that started in October 2022, in this case, anything goes. Trust the chart.

NVIDIA is going down, that is what the chart says.

We wait and see. An easy short.

✅️ FOLLOW FOR MORE ✅️
#TradfiTradingChallenge

$NVDA ‌