We have some Bearish Divergence on NVDA after reaching the PCZ of a 4 Hour Bearish Shark; if we get some serious followthrough I could see it going down to $400 or even all the way down to about $350
I will be selling multi-week calls around the strike of $425 and $435
I will be selling multi-week calls around the strike of $425 and $435
Note
NVDA has formed a Bearish consolidation within the Pattern Completion Zone in the form of a Right-angled and Ascending Broadening Formation and has confirmed two Partial Rises in the process. We should now expect the Bearish Mark-Down on NVDA to begin at speed. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.