The NVidia Party About to Pop

23 wrz 2023NVidia left behind a yawning gap, it is now testing the support formed after that gap, the price point of failure is $403.11, if we go lower than that we have higher conviction that we drop to fill the gap. For now indicators show it is oversold so we can expect a bounce which I would expect to be rejected at the intersection of horizontal resistance and median line of Pitchfork.

3 paź 2023

Komentarz

NVidia has been resilient, buyers still have faith in it rallying again. But today we see a fake breakout at our point of interest. Still want price to go lower than $403.11 to create selling pressure.

27 lut

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