$NVDA
Added 2024-06-24 19:31:20 +0000 UTCAnother difficult day for $NVDA, back to $120 today, erasing all gains made over the last 20 days and back below its stock split price now.
Price was unable to hold the first test on the 20 Day MA and when this level was lost, there was a harsh decline of -2% during the day.
Next test will be the 0.236 Fib at $108 and the 50 Day MA will likely meet the price action at this level too.
The $QQQ is having a difficult day too on the strength of this decline too.
It is still too early to say that $NVDA is in its ABC correction, we know its coming but until the 50 Day MA is lost and rejected, we can not assume anything with $NVDA.
