NVDA has clearly finished its brief rally failing to reach long term resistance level. A new downtrend has commenced
We should expect NVDA to continue with its sell off
- first broke under its upward trend and failed to regain
- new downward trend formed, attempted to break above but failed and sold off
- volume has increased as the sell off continues solidifying the downward trend
- RSI validate the sell off by also steadily trending down as the price moves lower
We should expect NVDA to continue with its sell off
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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.