SamSuka
The Long Investor
The Long Investor

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$NVDA

This chart is not showing me bullish indications, head and shoulders formed from the bear flag neckline. It is already extended and needs to pull back, like it did nicely for Wave 2. We can see that the 1.618 Fib level cuts through the trend line at an important point...so this is what I am watching now, if it breaks below this level and rejects trying to get back in, this is coming down. 

$NVDA

Comments

Yep and rejected trying to get back in!

Gareth Neary

Well it broke it alright

John


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