$NVDA - Potential head and shoulder

evvelsi gün

NVDA hits target 4 precisely and has since pulled back. It is currently trading around the support region.

There is a potential head and shoulders pattern forming with the neckline around the $132 to $130 area. A full measured move upon neckline breakdown is $117. The midway support is $126.

Bear in mind, just because a pattern is forming doesn't mean it will validate.

As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.