littleriver

Nvidia "END OF THE LINE"

NASDAQ:NVDA   NVIDIA CORP
72 3 1
I have been watching this flag develop for some time now with Nvidia             . I believe we are now near some resolution. The entire pattern has traits similar to a IHS             . A formation not usually associated with the top of a chart. So maybe, that is not what I should be calling it. To me, it is just one of the most common patterns that regularly occurs in the market. A mechanical cog in the wheel. And, it is often found at turning points in the market. Three evenly spaced lows marked by descending volume . Usually they form a line but not always an obvious one. One of the more interesting things about this daily line chart is the low in May becomes the high on the monthly chart.
Verdict is in bullish now wait for an entry.
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