PAY ATTENTION TO NVIDIA CHART FOR NEAR TERM MARKET DIRECTION, TECH INSIDERS SELL, BALTIMORE IMPACT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Tech Insiders Sell
Please click here for a chart of Nvidia stock (NVDA).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point.
- NVDA is the center of the AI revolution and as such is the most important stock in this market at this time. As is often the case, the chart shows crosscurrents.
- The chart shows an outside day. An outside day is a negative pattern in traditional technical analysis.
March 27, 2024