New lows very likley

23 paź

History of LUMN is very likely to repeat. Complacency in this market and especially in this stock is astounding. As the market corrects in the coming weeks and months, the stocks that have rallied the most will collapse the most. The chart says this is just a short covering rally fueled by the AI fairytale of an infinite bull market.

19 lis

Zlecenie aktywne

Reality is starting to creep into the markets, and all these AI stocks promising endless growth have peaked. The reaction for NVDA tomorrow may be the peak or reversal. A Recession has started but it has been hidden by a political machine using cooked and fraudulent numbers, and now the forward looking market will determine how deep that recession may be. 99% bullishness can turn into 99% bearishness in very short order. I still fully expect a retest of the lows.