$NVDA like $AMZN is testing its ATH line again from June, price did manage to break above this level on the 22nd of October (unlike many of the Mega Caps) but was unable to stay above this level on the retest.
That being said, bulls really stepped in on the pull back and another attempt is being made now....on the cusp of the election.
Bulls don't want to see a rejection now, which would mean a lower high too and second rejection.
$141 is the level to flip back to support for the bulls and then $161 is the target for a potential market rally.
DiegoTheSabre17
2024-11-05 20:15:43 +0000 UTCGareth Neary
2024-11-05 18:53:48 +0000 UTCDiegoTheSabre17
2024-11-05 18:34:08 +0000 UTC