$NVDA puts
Clear bearish divergence on the monthly timeframe.
I expect this correction to be much deeper than the previous two which are shown.
I will be watching the monthly close next week for confirmation.
Note
Update: I'm not sure if it shows it on this post but the monthly RSI has rolled over in perfect coordination with the trendline I had drawn up. Big red weekly candle with selling pressure all the way up to the close today on 4/19. My NVDA puts are in some profit now, but I have much lower targets for this chart and will not be selling my position until we see a more significant move down. However, this is exactly the confirmation I was looking for.
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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.