Mighty Nvidia melts up as FOMO builds

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From the Market Ear:

Mighty NVDA

NVDA takes out resistance levels, breaking above the consolidation that has been in place since mid July. Weak hands have been shaken out, so we could be seeing a short-term vacuum kick in…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.