Nvda broke a new ATH today which will ripple overall into tomorrows earnings. We hit our second Top which opens up the perfect short to $470 zone. Depending on market open i'm confident we'll get the perfect squeeze down as it's healthy pullback for it to continue to go up.
$492 will be the first target it hints then $482 then comes $470
$492 will be the first target it hints then $482 then comes $470
Note
According to the data from gex Highest being $470
Lowest being $430
Giving it an over all $40 difference which split in half would be $20 in which our case
NVDA opened up at $501 which took us down to our first target of $492 our second target is that $482 after earningsTrade active
I'm expecting some pullback as Earnings have been awful for everyone NVDA blackmarket chips will take into factor not to mention World war 3 coming soon.
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One small act of kindness creates and endless ripple. Be Kind.
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.