NVIDIA
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$NVDA Weekly Short Still in Play. Wide Open Space.

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NVDA weekly chart created and rested the Hekin Ashi Resistance level at 269.24 created in Feb 2022. This level failed and was rejected resulting in a bearish box. On the weekly chart there is no other weekly support level leaving a Widfe Open Space all the way down to the area at 136.73 first target and finally at 123 to fill the box. These tartgets also happen to be directly in the middle of the Market Maker Discount Zone. Unless NVDA can create some more support at its current level; like much of the rest of the market it will return to a former breakout area from March 2020.

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