Today is day 2 of the
NVDA GTC conference,
NVDA had a bearish day yesterday even though it was day 1 of the event. I think there was actually a lot of great news for
NVDA, but surprisingly there was little upside in terms of price action. So far
NVDA has been bearish since reaching the yellow trendline, and I think the momentum has been bearish. For now NVDA is near a white support line and bulls are looking for a rebound here so that NVDA has some upside for day 2 of the GTC event.
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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.