kgiap123

NVDA Rebounding ?

kgiap123 Updated   
NASDAQ:NVDA   NVIDIA
NVDA gap up closing above EMA50.
Currently it is staying above Resistance Turned Support Zone with Fast Turtle Buy signal.

Fift Turned +ve indicating Bull is fighting to regain control.
MCDX Red Banker % remain strong and increases to 45%. Retailer (Green) remain insignificant at 0%. We are waiting for Banker to push.

Momentum still -ve but seems like maing a turn.

NVDA need to break Trendline to expose 230. Next target is 240
Trade active:
entering Overbought region.
Hit 260
Trade active:
Hit fibo x4 312.
MCDX Banker weakening / reducing
Take some profit or wait for fast turtle sell signal (i.e 10 Nov candle closing below Low of 9 Nov candle)

Overall still healthy with multiple gap up rally.
Trade active:
Overall still looking good. Hold.
Use Turtle Trend to exit

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