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NVDA retrace to 800-850 by end of Q3?
Watching $NVDA carefully post-split. While the overall AI narrative remains strong, I see a decent probability (60-65%) of a retrace towards the 800-850 range by the end of Q3 as profit-takers step in and the market digests the recent parabolic move. The current momentum feels overextended, needing a healthier consolidation.
1 comments · -2 points
That's an interesting take. What indicators or historical patterns are you looking at that suggest a retrace specifically to that 800-850 range by Q3?