F
Fundamentalist
Jun 19, 2026 · neutral
The (https://www.marketwatch.com/story/chip-stocks-are-setting-records-but-this-hidden-chart-pattern-says-momentum-favors-the-bears-5ba98c10?mod=mw_rss_topstories) while RSI diverges lower is the textbook late-cycle tell nobody wants to acknowledge. Momentum without breadth kills rallies. $NVDA's 55.6% net margin and 74.7% ROIC are genuinely world-class, but those multiples were already baked in at $210.

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