NVDA broke several bearish patterns and is ready for a major drop together with the whole market.
It breaks down from a "symmetrical triangle" (not the best one but okay) and even better it breaks down from its neckline from a bearish pattern of Head and shoulder. Volemu 100% confirms pattern SHS as it is strong on the shoulders and head area.
The first stop should be 200 days MA where it should find some support but ist is almost certain NVDA will close the gap pretty soon.
Good luck all.
It breaks down from a "symmetrical triangle" (not the best one but okay) and even better it breaks down from its neckline from a bearish pattern of Head and shoulder. Volemu 100% confirms pattern SHS as it is strong on the shoulders and head area.
The first stop should be 200 days MA where it should find some support but ist is almost certain NVDA will close the gap pretty soon.
Good luck all.
Consistency is the key of success....