$NVDA tapped $170 premarket then got slapped back down as Nasdaq dumped at the open. That level's been brick wall resistance so the rejection isn't shocking.
Real question: is this a quick shake before continuation or are we headed for a new low? Honestly don't know yet. A lot rides on the political mess and scandal noise swirling around.
Leaning slightly toward the dip-and-rip scenario so staying long for now but watching tight. If $170 holds as ceiling and we start making lower lows, I'll cut and reassess.
Real question: is this a quick shake before continuation or are we headed for a new low? Honestly don't know yet. A lot rides on the political mess and scandal noise swirling around.
Leaning slightly toward the dip-and-rip scenario so staying long for now but watching tight. If $170 holds as ceiling and we start making lower lows, I'll cut and reassess.
