NVDA chart is going down for the following reasong :
down trend reaseistance that keep pushing the candles
the indecator sho us the strength of sellers
te red area present a resistance area so there is two possibility one of them will happen
1- either the candles will break the red resistance area and will continue to declinetill the next resistance area
2- or the candles will break the downtrend and rising
But it will go down now
down trend reaseistance that keep pushing the candles
the indecator sho us the strength of sellers
te red area present a resistance area so there is two possibility one of them will happen
1- either the candles will break the red resistance area and will continue to declinetill the next resistance area
2- or the candles will break the downtrend and rising
But it will go down now
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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.