Doomsday scenario price targets for NVDA and the SMH

I feel pretty confident we'll at least have one more push down on NVDA to the 100-105 area and the SMH to about 200 before we get a significant bounce. However, if certain news events occur or the macro economic environment really begins to deteriorate, I could see much lower price targets based on the charts. NVDA could see 70 and the SMH could fall to the 160's or even worse the 110s.

 

doomsday would be valued at 1-1.5t.

did you see wolf crashed this moring?

 

@schizo has made a similar worst case call on NVDA.

I tend to agree with you that 105-100 would be an 'all in' for the smart money.