LeLaf

NVDA: Descending Triangle (-68%)

Short
NASDAQ:NVDA   NVIDIA
NVDA not doing any better than the rest of the market.
Tech sector getting hit pretty hard nowadays.

Descending triangle is confirmed with a price target of 66$.
This target also corresponds to the 2019-2020 support level. Increases likeliness of happening.

250RSI under 50, not good.
Death cross, 50MA crossed under 200MA. Not good.
Negative RS. Not good.

Stay humble, have fun, make money.
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