NVDA is about to create a bearish reversal which will lead to a -60% correction!
Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is just the beginning of another potential bear market, like we saw it back in 2018 and 2021...
Levels to watch: $55
Keep your long term vision, Philip - BasicTrading
Ghi chú
Quick update on Nvidia:
I just have to repeat these words again and again: Don't get caught up in the short term moves! Nvidia is still starting a move lower so rallies of +10% in one single day will not change this destiny. The higher timeframes are still clear!
Levels to watch: $110, $55
Ghi chú
Quick update on Nvidia:
Over the past two months, Nvidia lost more than 30% of the value of the entire company. And even though we are talking about billions of Dollars, I think that Nvidia can still lose another -40% until it will finally retest a bullish support level...
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.