Critical support area is $409.
Several bearish technical signals are forming:
1. a potential head and shoulders pattern
2. a potential island top, a broadening wedge breakdown
3. bearish divergences in RSI and MACD.
4. All Gaps must be filled.
5. Need some more selling today to confirm the breakdown trend as heavy volume but Candle stick showing indecisiveness.
Here are the potential bearish targets:
$410
$316
Note
confirmed the downward trend .today. watch for 410 & 316..Note
410 hit today. next level watch for 316 ... happy tradingNote
the big Day has come ... Nvda is the most followed stock... wait for earnings to catch any trades.Trade closed: stop reached
this stock is headed for the moon ,, so closed position and move on to other trades.
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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.