Please understand that I am Korean, so my English may sound a bit awkward.
Since this is written in Korean, I recommend using a translator if needed.
This analysis is based purely on technical charts, excluding a company’s actual fundamentals.
Ironically, smart money is often reflected in price action itself, so I believe there is no need to explain the fundamentals separately — they are already embedded in the chart.
Conclusion:
NVIDIA has a strong support level around $175, which represents a potential buying zone. However, if the price breaks below $170, that would be my stop-loss level.
The fact that the stock is currently being rejected at the 5-day moving average indicates that selling pressure is stronger than buying pressure at this moment.
On the other hand, Google shows strong support at the 5-day moving average. Accumulating shares between the 5-day and 20-day moving averages would be a reasonable strategy.
Unless the overall market completely collapses this year, I believe Google can still deliver solid returns.