NVDA tanked on Friday and continued to tank after hours to the projected low targets for next week.
The HA setup shows that we should test below 852. Likely open gapped down.
I wouldn't short. As of now we will be opening already in the weekly short targets and if we gap down it will probably open below.
Immediate anticipation into Monday is a wick below 852, Overall anticipation into next week is rangey to bullish up bias.
Overall bias on NVDA is long. This was just a punishment to the people who thought stocks go straight up ;).
Safe trades!
Yorum
Sorry I made a mistake, the level is 850 not 852.
Yorum
Was I right or was I right xD
Yorum
And targets hit!
Hope you all are having a great week!
Yorum
NVDA likely pulling back to the high 890s. Look for a drop and reclaim of the red line above!
Yorum
NVDA seems to be topping here:
If we can relcaim that support line we may go up a bit, but overall it seems tired.
Its off my playlist at this point because I dont like shorting in an obnxious bull market but the readings, models and chart setup are all saying this is dead in the water.
Have a great rest of your week everyone!
Yorum
Oh wow, NVDA managed to do it, it managed to break back over the trendline! Let's see if it holds. The issue right now is that red box is the ARIMA forecast for NVDA and represents the 95% percentile range. Which means 95% chance we close below that red box :(.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.