NVDA: Monstrous Gap Fill!

Today marks the first day of NVDA breaking under its year long trendline. However, the volume is not impressive, so there is a high change that it will retest the trendline marked by the yellow line. If the retest fails, I am expecting another 22% percent drop from current levels to $318 by late October to mid November. Our target is where 200ma meets the bottom of the Gap created back in April 2023.