NVDA shows a small pullback ahead
NVDA has rallied very nicely over the past two days
NVDA appears to have room left in the rally overall with a mid pullback to come in the near term.
- breaks above resistance temporarily indicating price exhaustion.
- started pulling back in late day trading
- decreasing volume during pullback indicates decline should not be severe, merely to put it back in trading range again.
NVDA appears to have room left in the rally overall with a mid pullback to come in the near term.
Related publications
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.