NVDA - Failed reentry of channel - Big dump in the cards ?

12 thg 9

NVDA broke out of it's uptrend channel. After a failed reentry of the channel, it's now hanging in no-mans land. The longer it stays there, the greater the chances of a big dump. See my earlier posts for possible targets in case of a dump.

12 thg 9

Ghi chú

There is also bullish div (RSI) on the last move down, so let's see how this plays out.