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NVDA Wyckoff - Weakening demand on 12M chart
NVIDIA
NVDA Wyckoff - Weakening demand on 12M chart
By Icefisher
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Oct 1
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An increase in price accompanied by a decrease in volume typically indicates weakening demand.
Fewer buyers are willing to purchase at higher prices which could be a sign that the upward price movement may not be sustainable.
There could be a potential loss of momentum in the price increase.
Supply and Demand
Trend Analysis
Icefisher
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