NVDA's breakouts have repeatedly been deceptive and buying extended breakouts has led to sell-offs; its latest breakout lasted two days before a significant drop. With no support, below a falling 5-day moving average and a failed Wednesday bounce, failed moves can bring rapid moves, so he would not rush to buy.

Just like we've been talking about time and time again with Nvidia. The point is that these breakouts continued to be deceptive moves. If you bought on breakouts after the market was already extended, you would usually face sell-offs, and that is exactly what happened.

This breakthrough was successful for two days, then we witnessed this significant drop. Incidentally, Nvidia shows no signs of support here. It is below the 5-day downward moving average.

We saw a minor bounce attempt on Wednesday. But failed moves are followed by rapid moves. I would not be in a hurry to buy any of those names that have done that .