$NVDA exhausted and correction anticipated
Hello Traders,
Firstly, This is not a financial advice. This is just my interpretation of the technical aspects of price action.
NVDA has been shooting up lately and formed the structure, that is similar to textbook gaps.
After the exhaustion gap the price is likely to correct. The dead giveaway will be a daily candle closing below the exhaustion gap.
Firstly, This is not a financial advice. This is just my interpretation of the technical aspects of price action.
NVDA has been shooting up lately and formed the structure, that is similar to textbook gaps. After the exhaustion gap the price is likely to correct. The dead giveaway will be a daily candle closing below the exhaustion gap.
Trade closed manually
Note
If
NVDA breaks the 200MA, the price may be steep fall.Trade active
$95 level incoming Trade closed: target reached
Touched the $95 today
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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.