NVDA
Updated
Watch NVDA to see if it can break above the 206-208 resistance level - if so, it can run up to 208-213.
There is an 11 point move priced in this week for earnings, which could result in the price breaking down too.
Ideally, I would like to see NVDA break down below 189 - and back towards 180-177 supply zone before going long.
There is an 11 point move priced in this week for earnings, which could result in the price breaking down too.
Ideally, I would like to see NVDA break down below 189 - and back towards 180-177 supply zone before going long.
Note
Forgot to mention the Daily Chart looks similar to a double top pattern - with the neckline being the DEMAND ZONE!!! I called it a supply zone above - that was a typo error my apologoies.
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