Nvidia - Now is the time to go short!

17 Nov

💣Nvidia (NVDA) is now creating a top:

🔎Analysis summary:

Just a couple of days ago, Nvidia perfectly retested a major resistance trendline. Always in the past, such a retest was followed by a major move towards the downside. Therefore, Nvidia is preparing for a major drop, which could lead to another -25% drop in the future.

📝Levels to watch:

$180 and $140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

6 hari lalu

Dagangan aktif

💣Nvidia (NVDA) is slowly reversing:

🔎Analysis summary:

After we recently witnessed a major retest of a major resistance on Nvidia, this stock clearly slowed down. Overall the trend is clearly starting to weaken, with the next major support sitting at about -25% lower. It will just take some time to get there.

📝Levels to watch:

$180 and $140 and $100

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION