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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 680.44

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Dec 19 4:00 PM EST

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To: Johnny Canuck who wrote (59296)	5/21/2024 1:41:46 PM
From: Johnny Canuck	1 Recommendation Read Replies (1) of 69155

Just for fun this is a long term chart of NVDA. We often hear analysts talk about a hockey stick growth in revenue and stock price. This is a classic charts of that. Keep in mind that is always followed by the just as dramatic decline. The question is when? The run is usual about 3.5 years - so 2026 or 2027, but with the lower barrier to entry, at least on the surface that expect, I would not be surprises to see it start to erode away in late 2025. It will still be a fun run but as a classic case study for business students in the future. A lot is riding on their upcoming earnings.

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