NVDA Wyckoff - Weakening demand on 12M chart
An increase in price accompanied by a decrease in volume typically indicates weakening demand.
Fewer buyers are willing to purchase at higher prices which could be a sign that the upward price movement may not be sustainable.
There could be a potential loss of momentum in the price increase.
Fewer buyers are willing to purchase at higher prices which could be a sign that the upward price movement may not be sustainable.
There could be a potential loss of momentum in the price increase.
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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.