NVDA earnings are in two days and a negative divergence is forming. It will complete if there is a slight price increase after earnings.
This could indicate a lack of conviction in buyers and sell off will take place after a brief pop in price.
This could indicate a lack of conviction in buyers and sell off will take place after a brief pop in price.
Komentarz:
Negative divergence confirmed. Earnings should end possibly with the price lower next week.