WinnerTrader99

$NVDA Interesting Daily candle - Detailed analysis below

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NASDAQ:NVDA   NVIDIA
Long Doji candle with green close at 250.05 suggested Sharp coming move . if jumped above highest Wed candle (above 254 ) then became bullish pattern targeting new top near by .. from other-side ,if Thursday candle break down below candle tail (below 246.5 ) then it will develop deep bearish pattern targeting correction up to 237-238 .
We can see red lines which been support for current bull wave if break nearest one then will go to test others. RSI still high but not overbought same to MFI but stochastic is overbought so expect strong move anytime .. Semi conductors earning started with better than expected results which shall reflect into NVDA expectations so needs to keeps eyes on other semi earning reports . As summery long above 254 targeting 258-262 . Short below 246.5 targeting 238
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Feragatname

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