Seems like buying pressure will fall for a while in NVDA
Following the negative news recently, including fears of a trade war between USA and China, and the concern about the cheaper AI moder DeepSeek, made the shares of Nvidia fall. Shares of other hight-tech companies also fell including Alphabet, Apple and Microsoft.
On the technical the price broke the strong support trendline from beginning of 2024 while also making a big gap down at the start of the week. The 100EMA is also broken down, indicating the beginning of a short/mid-term pullback.
The selling idea here is interesting, but risky. I will be looking for sell setups with small lots in the coming days.
On the technical the price broke the strong support trendline from beginning of 2024 while also making a big gap down at the start of the week. The 100EMA is also broken down, indicating the beginning of a short/mid-term pullback.
The selling idea here is interesting, but risky. I will be looking for sell setups with small lots in the coming days.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.