Critical support area is $409.
Several bearish technical signals are forming:
1. a potential head and shoulders pattern
2. a potential island top, a broadening wedge breakdown
3. bearish divergences in RSI and MACD.
4. All Gaps must be filled.
5. Need some more selling today to confirm the breakdown trend as heavy volume but Candle stick showing indecisiveness.
Here are the potential bearish targets:
$410
$316
Kommentera:
confirmed the downward trend .today. watch for 410 & 316..
Kommentera:
410 hit today. next level watch for 316 ... happy trading
Kommentera:
the big Day has come ... Nvda is the most followed stock... wait for earnings to catch any trades.
Trade stängt: Stopp nått:
this stock is headed for the moon ,, so closed position and move on to other trades.