ChampsMoneyConcepts

NVIDIA CONSOLIDATION VS EXPANDING CHANNEL

Short
BATS:NVDA   NVIDIA
Even though the price of NVDA has done a bearish breakout on the expanding channel, the price remains under pressure inside a consolidation zone. Here we must wait for the price to confirm another bearish breakout below the lower boundary to validate the bearish projection. Here I am expecting a downward shift back towards the key level held on the bottom.

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