NVDA fighting for its life trying not to establish confirmation on another bearish trend but price movement will probably continue lower. How much lower remains uncertain but the old support is turning into an established resistance line more and more by the day. If price does a retest and now established a down trend price movement will probably gain enough...
Teslas old support and resistances have flipped. To wait to see if either new trend line is broken and a new trend establishes is imperative. But with the market beeing so bearish the new support will probably be the one to break and a continuation of the bearish trend will most likely continue. however the lower the price moves the better the profit margins will...
Pre market at 250 right now is just about pas support line, a Continuation of short til 220 at least is fully plausible. Just. bc its friday i wouldnt want to hold short til monday pre with how volatile the market movement is then. so be careful and prepared for a daily short position at least after seeing marker reaction and price movement confirmation. NASDAQ:TSLA
Aint looking good for today bruv aint looking good, price so low iam afraid to hold a long short especially with monday pre being so volatile. But if price confirmation happens maybe a daily short would be good. good luck guys
I firmly believe in waiting for a greater concrete price movement for NVDA, Still in an overall bearish trend but a plausible early re test of the resistance is possible. Waiting for that break through is imperative.
If TSLA breaks major resistance its going to be a big bullish run