NVDA selloff back down to golden pocket
Inverse hammer on the 4H timeframe = huge selloff on huge volume. Seeing a good bounce right around $450 which happened to be golden pocket fib. I would like it to sell off a lil more maybe fill that gap before next leg up or before earnings. Could possibly consolidate sideways or form a flag before earnings.
Note
consolidating here in this range. Lots of buyers came in with upgrade news. Could see $500 when earnings comes in Aug.
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.