TSLA short potential, NVDA holds the key

Following the decoupling of TSLA from NVDA and the NAS itself, the market has reacted somewhat irrationally to negative earnings surprises. We are watching AI bullish sentiment versus the lack of direction of participants regarding TSLA. The possible retest of the 0.618 for NVDA following its retracement should likely open the way for a short position.
Trend Analysis

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