Nathan_Black

NVDA: A top sign under a key resistance?

NASDAQ:NVDA   NVIDIA
• NVDA is trying to do a top sign, just under a key resistance made by the 21 ema + red line;
• NVDA would need to react as soon as possible and break this key resistance this week, in order to avoid a sharper correction;
• In theory, NVDA would seek the support at $115 again, however, one of the retracements might work as a short-term support;
• Either way, I’ll keep you guys updated on this.

Remember to follow me to keep in touch with my analyses!

🔴 Only 5% of traders manage to be profitable in the long term.

👉 Join the 5% Project: thefinancehydra.com/the5project/
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.