NVDA drops out of the rising wedge.
RSI and MACD are overbought and have huge, giants negative divergences.
Not only rising wedge is broken, but NVDA also crosses below the neckline from its Head and Shoulder bearish formation.
The first target is the support area and the second BigRed!
Yesterday after dropping out of the line, I enter in remaining 50% in a short position. Stop loss above recent highs.
RSI and MACD are overbought and have huge, giants negative divergences.
Not only rising wedge is broken, but NVDA also crosses below the neckline from its Head and Shoulder bearish formation.
The first target is the support area and the second BigRed!
Yesterday after dropping out of the line, I enter in remaining 50% in a short position. Stop loss above recent highs.
Consistency is the key of success....
