Nvidia into MAJOR resistance

16 Haz

This will not be a popular opinion and that’s okay. The charts don’t lie and you can see it is into major resistance, highlighted by all the red arrows when it got rejected. It’s now broken down from a rising wedge which also lines up with said major resistance. I’ve also highlighted bearish RSI divergence, too many factors here for NVDA to keep going up. Could it break through? Of course it could but you have to look at all these factors I’ve highlighted and ask yourself what are the probabilities that it goes down here? High, very high and you want to take trades that put the probabilities in your favor.

25 Haz

İşlem kapandı: durdurma seviyesi

NVDA has now cleared resistance, New ATH inbound. Trade closed