Nvidia, uh you know, just off the buy point here and uh came back, tested the 50-day moving average, trying to creep up the right side. This is the king of the AI trade. So, if you believe in the AI trade over time, Nvidia is probably a good one to look at.
Nvidia, everybody always wants to know about Nvidia. Nvidia, you know, had this little descending wedge. Um, and when it broke above that on earnings, that was a pretty good time to get in, but it had a head fake on the buy.
Um, and it wasn't really a real breakout, and a lot of breakouts fail. This one gapped down yesterday. Um, there's a lot of nothing going on in Nvidia. And this is the big AI trade that everybody is, uh, doing, you know, back flips over.
And it's a great company, but boy, right now, it just kind of can't get it out of its own way. It's got a 70 relative strength out of a out of 99. So that's pretty weak u comparatively, right?