NVDA Lost it's key support level. Are we headed to 50$ ?
The critical support level has been breached, and the price action suggests we could be headed toward the $50 zone 📉. Adding fuel to the bearish case, we see a major bearish divergence on the MFI indicator, signaling weakening momentum.
Is this the beginning of a deeper correction? Stay sharp! ⚠️
Is this the beginning of a deeper correction? Stay sharp! ⚠️
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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.