NVDA at a major inflection point

6 thg 9

NVDA sold dramatically recently and now trading at a major key support level.

• Major support line being tested
  
• Need to wait and see if NVDA will break through to cause more selling or bounce off.
  
• If the uptrend does not provide enough support we will be looking at 96.00 roughly for next support
  

NVDA is in a neutral zone right now. It could bounce off the current trend and rally or sell through to the next support. Best to wait and see where it goes for the moment.

7 thg 9

Ghi chú

NVDA spent the day selling off even more after settling around the support line. This certainly speaks to the bear side so far. It could be a false breakdown or maybe the trend line is just fuzzy guide more than anything else.