TrendsiTrades

NVIDA: DOWNSIDE CONTINUATION POSSIBLE

Short
NASDAQ:NVDA   NVIDIA
🔸️Ticker Symbol: NVDA 🔸️Timeframe: 4 Hour 🔸️4X Bear Pattern 🔸️Investment Stratey: Short

TECHNICAL ANALYSIS: NVDIA Is currently in what I call 4X bear pattern meaning all 4 of our indicators are pointing in a bearish momentum decline in the stock. The linear regression indicator is decreasing, our money momentum "white line" is shifting lower we have a red dot representing a key ema crossover to the downside and our middle band on the dashboard has now switched over to red meaning bear market momentum. If this continues I can see NVIDA testing $177 by the end of week.


4X 🟢 Bull Pattern Confirmation Requirements

✅️ Linear Regression Indicator Increasing
✅️ Money Momentum Shifting Higher
✅️ Green Dot: Key EMA Crossover to Upside
✅️ Green Middle Band: Bull Market Momentum

4X 🔴 Bear Pattern Confirmation Requirements

🔻 Linear Regression Indicator Declining
🔻 Money Momentum Shifting Lower
🔻 Red Dot: Key EMA Crossover To Downside
🔻 Red Middle Band: Bear Market Momentum

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