NVDA officially bearish on the daily.

Greetings All

NVDA closed below the 200MA on the daily chart, which means it is officially bearish. While we could experience a V-shaped recovery, the TA says this security is bearish. Downside retracements shown on green/yellow dotted lines. Next level of minor support is around $417, then $400, then $350. Red trendline now acting as resistance.

Happy Trading!

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