$NVIDIA(NVDA.US)

When I look at NVIDIA’s recent daily chart, the first thing I notice is how the market has finally cooled down from the excessive excitement earlier this year.

Back in the summer, the price was glued to the upper Bollinger band. It climbed in a way that felt too easy and too emotional. Now the stock has pulled back, slipped under the mid band, bounced again, and settled into a more neutral range.

This type of movement feels more honest to me. It reflects real behavior instead of hype-driven momentum. The way I see it, the chart is not showing a decline in the company’s underlying value. It is showing a decline in the crowd’s adrenaline.

@Bridge Buzz SG