The DEDO chart for NVDA has a channel with price taking NVDA to extreme levels of liquidity stress by historical metrics. December 2016 horizontal resistance is also converging with the top channel boundary.
DEDO is suggesting that NVDA needs to correct in order to be in line with currently allocated liquidity at 5%, roughly 2x NVDA's mkt cap at the time.
DEDO is suggesting that NVDA needs to correct in order to be in line with currently allocated liquidity at 5%, roughly 2x NVDA's mkt cap at the time.
