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$NVDA Bull Cycle Setup 🚨
Monthly BX just closed higher, signaling macro buying pressure.
Historically, when this shows up, about 60% of the time we see a 6–12 month breakout.
Price has been compressing for nearly a year.
When new macro buying steps into a compression, expansions usually follow.
6 month range for me: $250–$270.
Chamath predicts 99.999% chance Tesla and SpaceX effectively become one company
@chamath "Dollars to donuts, these things are going to merge.
It'll make Elon's life tremendously simpler from a governance perspective. It'll make the companies and this quibbling about his time a non issue.
He's building the robots, but they're used inside of SpaceX. He's building a Terafab, they're used inside of Tesla, he's building xAI they're used across both.
So I think we need to do this."
$TSLA has gone nowhere for months… I still think it explodes toward $550.
Price is sitting on a massive volume profile support, Monthly BX is still green, and this is the same squeeze structure we saw before the last +50% move.
In the video I walk through the levels and the one gap that still worries me.
It’s make or break time for $TSLA 🚨
Monthly BX is still bullish and price just pulled back into my fair value zone around
$420. If $420 holds, I’m still targeting $550 by March.
If it breaks, I’m eyeing $350.
In the video I walk through the exact levels and my plan.