We’re spotting the early structure of a double bottom pattern forming on 
NVDA — a classic bullish reversal signal. After a steep decline, price action is showing signs of stabilization, testing support twice, and trying to recover from the lows.
But there’s a catch...
📌 No confirmation yet.
The neckline still needs to be broken with strong momentum to validate this formation and trigger potential upside.
⚠️ Today’s tariff-related news could be the catalyst. A strong reaction may either confirm the breakout or invalidate the pattern entirely.
What to watch:
Break above the neckline with volume = potential entry ✅
Failure + breakdown = more pain to come ❌
This is a key technical level. Stay sharp and let price action lead the way.
NVDA — a classic bullish reversal signal. After a steep decline, price action is showing signs of stabilization, testing support twice, and trying to recover from the lows.But there’s a catch...
📌 No confirmation yet.
The neckline still needs to be broken with strong momentum to validate this formation and trigger potential upside.
⚠️ Today’s tariff-related news could be the catalyst. A strong reaction may either confirm the breakout or invalidate the pattern entirely.
What to watch:
Break above the neckline with volume = potential entry ✅
Failure + breakdown = more pain to come ❌
This is a key technical level. Stay sharp and let price action lead the way.
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.
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.