Is the entire world is rotating out of
NVDA into Russell 2000 small-cap stocks.
Could it be another Cisco .com bubble comparison. Everyone tries to find AI companies that offer significant returns. In reality most of them provide no value and the infrastructure AI is built on continues to be growing asset (NVIDIA).
Let us look at the charts.
From the charts it is clear that NVIDIA is still in an uptrend, has formed a falling wedge.
We are targeting 135 in the days to come.
The Russel 2000 seems more like a short squeeze and it has got more legs on it.
Whether this is the start of a new bull market, we will only know in the times to come.
As an NVIDIA investor, I choose to hold on till as a time trend doesn't change.
Could it be another Cisco .com bubble comparison. Everyone tries to find AI companies that offer significant returns. In reality most of them provide no value and the infrastructure AI is built on continues to be growing asset (NVIDIA).
Let us look at the charts.
From the charts it is clear that NVIDIA is still in an uptrend, has formed a falling wedge.
We are targeting 135 in the days to come.
The Russel 2000 seems more like a short squeeze and it has got more legs on it.
Whether this is the start of a new bull market, we will only know in the times to come.
As an NVIDIA investor, I choose to hold on till as a time trend doesn't change.
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.