NVIDIA
Short

NVDA Hourly Chart Channel Resistance

NVDA is currently up 11% on the day with FOMC happening in a few hours. This 11% came from the tailwinds of the AMD earnings and we must not forget what happened the last few days of trading.

If the top channel here on the hourly chart confirms resistance, I think there is a high probability downside trade in the next couple hours and possibly into a longer swing trade.

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