NVDA Testing Bottom LowNVDA has turned above the extreme low of the early bottom formation. This is a sign of strength. The stock also has some Dark Pool Quiet Rotation™ going on at this level.
Bottomingformation
NVDA Finds Support at Previous Yearly LowNvidia has bounced up from a slightly higher low than its previous low. This may result in a bottom formation developing slowly over this summer.
GILD Double White Candles Test ResistanceGilead Sciences, Inc. is testing the resistance to begin completion of this longer-term bottoming formation. The W bottom formation has tiers of resistance to overcome. Hybrid Leading Indicators show strengthening pattern.
Ford Motor Company GapsFord Motor Company has been in an intermediate-term bottoming formation that completed recently. The stock gapped after a strong earnings report. The stock has sustained the gains from the gap. The stock may shift sideways or consolidate before resuming an uptrend.
