NVDA broke under neath major support level friday over fears of recession looming then reversed course Monday.
We are now seeing a number of good signals that NVDA is reversing course and getting ready for a turn around.
- breaks through downward resistance trend
- breaks back above major long term support
- RSI shows strong turn around
- One down side is volume is slightly decreasing during the turn around. Not a clincher, just noting it.
We are now seeing a number of good signals that NVDA is reversing course and getting ready for a turn around.
Related publications
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.
Related publications
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.