NVIDIA Lower High Confirmed | Lower Low To 77, 60 Or 44

2024年8月22日

My dear friends, a classic "bounce" has been produced on the NVDA stock. Prices moved up three week straight after the initial drop. Trading volume continues to decrease (bearish).

➖ The current session has a long upper wick (bearish).
➖ The current session is really small compared to the previous two; loss in bullish momentum (bearish).
➖ The week is about to end on a bearish note (bearish).

Since we have a major low early August and now we are seeing the creation of a lower high, we can expect a lower low next.

👉 The targets for the lower low are as follows: 77.7, 60.6 or 44.4.

Pick yours...
➢ 77.7 is the main target with 60.6 do-able and possible.
➢ 44.4 Is less likely right now and too early to call.

We will see how the market acts, reacts and develops in the coming days.
We will give you an update if there is any change.

Thank you for reading.

Your support is truly appreciated.

Remember to boost and comment for more.

Namaste.

2024年8月28日

註釋

NVDA continues to look bearish (lower high still in place)

W:

D:

Everything on the chart clearly points toward lower prices.

2024年8月29日

註釋

Great earnings = great crash?
You don't need "earnings" when you have the chart.

Predictive traders will do better than reactive traders all the time.

Namaste.

2024年9月4日

交易進行

Lower high still in place.

NVDA (Nvidia), on track to the strongest correction in years.