The NVidia Party About to Pop

runyamhere Updated   
NVidia left behind a yawning gap, it is now testing the support formed after that gap, the price point of failure is $403.11, if we go lower than that we have higher conviction that we drop to fill the gap. For now indicators show it is oversold so we can expect a bounce which I would expect to be rejected at the intersection of horizontal resistance and median line of Pitchfork.
NVidia has been resilient, buyers still have faith in it rallying again. But today we see a fake breakout at our point of interest. Still want price to go lower than $403.11 to create selling pressure.
Trade closed manually


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