NVDA Bear Flag

3 Jul

NVDA broke down and starting consolidating in what looks like to be a bear flag. Measured move puts it at 101.52, which is slightly below the 50 day SMA and slightly above the 20 week SMA.

Watch for RSI to get to oversold levels. I think we will bottom there (if it happens).

11 Jul

Nota

Idea may be back in play. Was never invalidated by price exceeding high of pole.

17 Jul

Nota

Idea back in play.