On Friday, equities experienced multiple top and reversal patterns, notably in the semiconductor sector with $SOXX down 4% and $NVDA down 5.6%. Nvidia's chart showed a downside reversal, but the stock bounced back and turned green. Analysts anticipate a potential run into the Nvidia GTC event next week. The market is speculating on Nvidia's future performance following recent events like the Nvidia conference and the Game Developer Conference. CNBC suggests that Nvidia's key reversal on Friday could signal a broader stock market correction. Additionally, Oracle announced upcoming joint announcements with Nvidia, hinting at exciting developments to come.
Big things are brewing! Get ready for our game-changing announcement on March 18th during @NVIDIAGTC. We’re thrilled to share, but can’t say more yet so stay tuned. #gtc24 #edgeai #NVIDIA #techannouncement https://t.co/epyoxVpS6A
Oracle $ORCL said it’s going to have “exciting joint announcements” with Nvidia $NVDA soon
Why Friday’s key Nvidia reversal could mark the start of a broader stock market unwind https://t.co/wbkT9jFUDa
$NVDA Not the best of follow throughs for the bears after a massive reversal candlestick Friday. Guess the bears went enGOLFing today.
$NVDA #GTC #event Mar 18 - 21 Potential we hold 8ema daily and head for ATHs - If we couldn't break lower / close lower today potential for upside
$NVDA bounced off its 10-day and now green. Could see a continued run into GTC next week.
Here's a look at NVIDIA's $NVDA chart after Friday's downside reversal. https://t.co/98bJd7fxev
BTC broke ATHs, NVIDIA conference on the 18th, and GDC (Game Developer Conference) on the 19th... Long the AI + Gaming coins
BTC broke ATHs, NVIDIA conference on the 18th, and GDC (Game Developer Conference) also on the 18th... Long the AI + Gaming coins
#Equities: Multiple top and reversal patterns on Friday, led by highflying semiconductors with $SOXX down 4% and $NVDA down 5.6% https://t.co/tH2zxVeMBM