$NVDA - Potential head and shoulder
NVDA hits target 4 precisely and has since pulled back. It is currently trading around the support region.There is a potential head and shoulders pattern forming with the neckline around the $132 to $130 area. A full measured move upon neckline breakdown is $117. The midway support is $126.
Bear in mind, just because a pattern is forming doesn't mean it will validate.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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