NVDA has reached the lower border of the Bearish channel and bounced back!
In the past 60 days, NVDA has lost 32.8% of its value, and this process could be extended further..!
Meanwhile, there is a possibility that NVDA Approaches the upper border of the channel before going lower!
Good entry will be published if the reversal pattern is confirmed..!
I change the status from short to neutral..!
ou can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
In the past 60 days, NVDA has lost 32.8% of its value, and this process could be extended further..!
Meanwhile, there is a possibility that NVDA Approaches the upper border of the channel before going lower!
Good entry will be published if the reversal pattern is confirmed..!
I change the status from short to neutral..!
ou can see the most important support(green line) and resistance (red line) levels.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.