AwesomeAvani

NVDA possible Breakdown before Earnings

AwesomeAvani Updated   
NASDAQ:NVDA   NVIDIA
NVDA

NVDA on the daily chart appears to have formed a flat top triangle

with the trendlines drawn onto the chart. Price appears to

be falling outside the ascending support line before upcoming

earnings. Will NVDA rise to regain support or breakdown further?
Trade active:
NVDA sideways - has now risen back into support
Trade active:
NEw idea SOXS posted looking for it to rise as semiconductor prices are challenged
as it is a 3X inverse
Trade active:
the puts performed will today as the general market reaction to the fed update
helped drag NVDA down.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.