NVDA NVIDIA Monthly Chart; Overbot Rising Wedge; Negative Divergence Developing; Price Extended; Upper Band Violation

The long-term, multi-month, perhaps multi-year, chart for NVDA is setting up with a top due to neggie d. All the Wall Street analysts are telling Joe Sixpack to buy with both hands, as they sell. Volume is Slip Slidin' Away as all-time record highs are printed with Jensen waving the latest AI Reuben sandwich (Rubin) chip in the air. The overbot RSI and stochastics are agreeable to a long-term pullback.

Price is above the moving average ribbon so a mean reversion lower is desperately needed. Price tagged the upper band so the middle band at 121 is on the table and lower band at 63 both moving sharply higher.

When will NVIDIA sing the swan song? Two scenarios. The red lines show negative divergence as price makes the higher highs with the exception of the MACD line that is a hair higher. The month of August has a long way to go, however, so the end points of the chart indicators will adjust for the next 16 trading days (the month is in progress).

Thus, currently, all the indicators want a spankdown to start and continue on the monthly basis except for the MACD that wants another high. Price will falter due to the negativity but only for a month and then it will come back up again to the current highs to place the long-term top when the MACD goes neggie d in September or October.

However, since August has a long way to go, NVDA may drop like a rock and that will drag the MACD line lower to end the month of August that would then show universal neggie d across all the indicators so the long-term top would be in now, this month. Watch that blue circle closely over the next 3 weeks and you will know if NVDA is making its long-term top right now, this month, or if it has some more juice in the MACD tank to bring it back up after a lull and top out in a month or two.

What's that? Your financial manager said to invest in NVDA and hold it for the long-term. Who's your broker? Fred Fafooshinik. Freddie? Keystone saw him yesterday. He was selling NVDA stock and liquidating positions. That makes you the bag holdin' sucka.

Let's take a look at the weekly chart to see if that can help with the timing of the top. The weekly chart is also topping out with neggie d although the move over the last couple weeks had juice. The daily chart is cooked with neggie d. NVIDIA is ready to start retreating now.

The charts are weak so NVDA should be pushed lower going forward and if the MACD line drops below the prior high, she is cooked for many months, say, through the end of the year into the first few months of next year.

Remember, the SPX monthly chart is cooked with neggie d forecasting a long-term top at hand so it makes sense that NVDA is starting to slip on the cliff edge as well. Keystone is not playing NVDA long or short currently but obviously, the play going forward is on the short side staying aware that it is a high momentum stock. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Thursday Morning, 8/14/25, at 6:05 AM EST: Let's take a look at everyone's favorite child. The NVDA 2-hour chart is topped out. Ditto the daily in full neggie d. Ditto the weekly chart although that MACD line is trying to keep eking out a bit more strength. This is the top now or within a week or so unless Jensen shows up on stage waving a new chip beyond the Reuben sandwich chip (Rubin). The monthly chart remains as explained above with another 12 trading days remaining in August that may bring the MACD line down and identify this current projected top as a serious long-term multi-month and perhaps multi-year top for NVIDIA. How dare Keystone utter such blasphemy!!