Just about every investor I know has owned NVDA for a while and has made a pretty penny on it. So, it pained me to deliver the charts’ warning back on Feb 27. From NVDA: Good Enough?
Judging from its price action overnight, NVDA’s earnings and outlook were good enough. As we approach the open, however, it’s obvious that it hasn’t made new highs just yet – not a good sign… Remember, if it breaks down, NVDA has downside to 104.
Seven trading days, a further 20% loss, and a completed Head & Shoulders pattern later, we’re only a few points away from that price target. 
What happens if 104 doesn’t hold?
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