Nvidia has run to hard?
Nvidia
In the last 5 weeks, Nvidia's shareprice has run 45%
From a pure technical perspective:
1. Shareprice is 37% above its 20 week moving average (black line).
2. Shareprice is far outside of its bollinger bands, thus, extremely overbaught.
3. The current week candle looks like a doji candle, which indicates indecision.
4. The sequential count is currently on a perfected SELL 9 count candle.
High probability indicates to a shareprice that has run to hard and which is ready for either a pullback or consolidation.
IF we get a pullback in the Nvidia shareprice, expect the Nasdaq to follow, as Nvidia sentiment is what currently drives the index higher.
In the last 5 weeks, Nvidia's shareprice has run 45%
From a pure technical perspective:
1. Shareprice is 37% above its 20 week moving average (black line).
2. Shareprice is far outside of its bollinger bands, thus, extremely overbaught.
3. The current week candle looks like a doji candle, which indicates indecision.
4. The sequential count is currently on a perfected SELL 9 count candle.
High probability indicates to a shareprice that has run to hard and which is ready for either a pullback or consolidation.
IF we get a pullback in the Nvidia shareprice, expect the Nasdaq to follow, as Nvidia sentiment is what currently drives the index higher.
Feragatname
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.
Feragatname
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.