SamSuka
The Long Investor
The Long Investor

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$NVDA

Ok first attempt at breaking back into the wedge has not been successful.

We have a test, pull back, retest again and then a lower low....so this is not bearish right now.

I have added in the green fib levels to show where support can come for a higher low.

Holding above $111 will be needed now.

A 3 wave pull back to hold on $111 and the price action can make another attempt moving higher to test the wedge once again.

$NVDA showing weakness today has also put pressure on the $SPY and $QQQ, so right now we are still in limbo, bulls will need to start stepping in.

$NVDA

Comments

Mother of all battle zones indeed

Chris H


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