NVIDIA
Short

NVDA continues to show more selling ahead

NVDA has clearly finished its brief rally failing to reach long term resistance level. A new downtrend has commenced

  • 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
NVDATrend Analysis

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