ORCL definitely liking 150c in the money here 3/21 exp. Confluence volume on the Weekly, hit a support/supply zone of $140 earlier this week. Looks strong. SPYQQQNVDAAAPL
NVDA Trading below the 200 EMA since 2023. This seems like a solid buying opportunity for me—unless something goes significantly wrong with the macro and micro environments. The same applies to Google and Amazon. What are your thoughts? AMZNGOOGL
NVDA If I’m right, market corrections usually hover around 13%, but with trade tensions ramping up, who knows how deep this could go? NVDA looks set to pop tomorrow and Monday, but after that, it’s up in the air unless some solid news comes through. What’s your take?
NVDA I'm afraid we're not done selling yet as much as I love the company! Looks like bearish momentum is still strong at 4h chart and no signs of bullish divergence yet. However, we have several layers of support all across the 102.80-97.95 area and any further sell is being delayed with buyers buying the dips.
In the weekly trend is still bullish and the market structure will remain technically bullish unless we break below 75.70. I would start buying again once I see bullish divergence appear in the 4h chart i.e as price makes lower or equal low, we need the oscillator to make higher lows. That would indicate a significant slow of the bears and a potential reversal into the bullish market.
Looking for a test and bounce from the 102.80 with bullish divergence for a possible long entry.