NVIDIAShort
NVIDIA: WARNING
Following a phenomenal earnings call in May 2023, Nvidia has some potential to see a significant pullback in the coming weeks
RSI has formed a higher low on this 2W timeframe, indicating that we may be overextended to the upside in the near term
For this reason I am calling for a pullback to the 200s likely this summer
UNTIL these longer timeframe indicators flip bullish, I would not bet on 400 anytime soon
RSI has formed a higher low on this 2W timeframe, indicating that we may be overextended to the upside in the near term
For this reason I am calling for a pullback to the 200s likely this summer
UNTIL these longer timeframe indicators flip bullish, I would not bet on 400 anytime soon
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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.