NVIDIA
Satış

May 31: More downside to correct Oct 2023 rally

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NVDA on weekly produced a bearish evening star candle, which coincides with bearish RSI divergence on the weekly and also 5 waves complete from Oct 2023.

More downside is expected, as seen in 1 hour chart where the first 3-wave (wxy) drop in the last week of May had RSI divergence which needs to be erased in a double correction.

Likely drop to at least retest the major psychological level of 1000.

Feragatname

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