Chart Pattern Analysis Of NVDA
First of all, I must admit a fact that my previous analysis was totally wrong.
I was too optimistic about the stock.
I must change my mind and plan.
K4 is a strong bearish candle with a bear gap under increasing volume.
From K1 to K4,
It is a strong bearish evening star pattern.
It verified a fact that a potential large scale double top pattern is possible on the way.
I have to cut off all my long positions at K4.
A nearest support at the lower limit of the potential downtrend channel.