NVDA Bearish divergence on the daily RSI timeframe. Notice we are starting to exit the bull zone, nothing to be concerned about. If we come down and test the centerline at 50, and bounce. That is a confirmation of the bullish uptrend. If we fail, we are going to test the 200ma, and possibly the 50ma. If we see the SPY go for an all time high this month, then we are going to see the MAG7 also test ATH.
NVDA -To be honest, RSI 1 day comes from overbought. -Price could have made a small top. -Last time price touched overbought daily (October), price corrected an 8%. -Price could go up BUT, you should not plan to buy too much, at this prices. -A correction of a 7% to 130-131 is always possible. -Manage your risk and take care.
NVDA I feel like this is just a completely normal situation. Yes, there is a bit of negativity, but honestly, it's negligible. I'm currently holding NVDA, and I don't think this has any real impact I'll still stick to my plan and hold until the 147–149 range. My stop-loss level is clearly set at 139. Let's see how it plays out if it fails, then it’s just fate.
NVDA Trump was about to seal a deal with Iran and was set to meet them this weekend—then Israel decided to attack. Iran hit back, and now the U.S. will likely have to jump in to protect Israel. Markets are probably headed for a bloodbath on Monday.