NVIDIA

Flag like structure 2W

135
Price is consolidating in a downward channel or flag like structure; a bullish breakout can lead to price reaching to 134.85 price range,and a bearish breakout to price reaching 97.44 price range. Notice price is also between the 10 EMA in blue above and the 50 EMA in purple below. CCI is slowly returning from oversold territory. Stochastic RSI had a bullish crossover in oversold region. RSI is neutral. Price is also building up pressure in the Fibonacci golden zone.

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