Nvdia announced earnings earlier today and beat market expectations
1. News sources
2. NVDIA stock price chart
On the daily line, you can see that it has been out of a strong rising pattern for a long time.
Rising Relay Structure Completed
Looking forward to whether it will break through new highs to drive AI coins
3. Blave.org Data Network
Red arrow below:
It can be seen that when the day-to-day chip concentration, short positions can be reduced, and market sentiment both deviate greatly from the market price, and the data shows that the index has reached the bottom, the price has risen all the way from 57,000 to 72,000.
Black arrow below:
The current chip concentration shows that the number of long positions can be reduced, and the market sentiment is still bullish, which means that large investors are reducing their positions and retail investors are chasing long positions, and the chip concentration index has also begun to show a large deviation rate.
4. Chip distribution in the AI sector
It can be seen that the amount of short positions in the AI sector can gradually shrink, and the long chips are concentrated at a large time level. If the stock price of NVDIA hits a new high in the future, there is a very good chance of a big explosion, but we still have to look at the big brother first. Trend, wait for the market to correct before entering the market to place long orders!
Summary of operational recommendations
Awaiting New Highs for NVDIA Shares
Waiting for a market correction
Enter the AI sector (optimistic about FET
Thank you everyone for watching
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