NVDA Topped?

Magnificent 7 Continued

BraVoCycles Newsletter
July 18, 2024

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NVDA Update

We looked at NVDA 1-2 months ago.
After the initial sharp drop, NVDA had a nice bounce almost to the all-time highs, which appears to be corrective so far. Then it turned down again.
The daily cycle composite generally points down into early 2025, with bounces along the way.
NVDA is key for the Semiconductor Index, but also for NDX. I will be watching it.

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Subscriber’s Request – Opportunities?

A subscriber requested a cycle evaluation of Kering SA (KER.PA), a French fashion company, and Solana.
I encourage others to suggest companies with interesting potential. Together, we can find more opportunities. However, not all stocks are amenable to cycle analysis.
Looking at the LT chart and technical indicators, the next chart below looks like KER.PA is completing a. . .
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