$NVIDIA(NVDA.US)

Gravity tests the weak but proves the strong.

The recent price action is refusing to break down. It is finding a hard surface every time it dips. This resistance to falling is the most bullish signal of all. It means the shares are moving from weak hands to strong hands.

Munger taught us to look for durability. I see a stock that is proving its durability right now by holding its ground.

I am sitting tight. The market is telling me that the path of least resistance is up.