Dip.. support bounce... bulls trapped...dip
The last 2 trading days prior to today have set up to what is showing to be a great buying opportunity or a wonderful bull trap. I am personally for the latter. Nvda is currently exposing the weakness AI field as we see this AI bubble looking like it is ready to pop. currently being shown in today's trading session we see that the Nasdaq ETF (QQQ) is up by almost 1% while NVDA is treading break even on today's trading session. Gas is being exhausted and I feel is currently running on fumes. The Continuation is seeming more probable by the day.
Price Valuation: $97
Sentiment: hold
Price Valuation: $97
Sentiment: hold
Trade closed manually
took profit $103 GL all
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.