If this weekly candle closes as outside Bearish, the NVDA Reversal is Confirmed. Typically NVDA reverses when it gets between 36 and 38% away from the 27 Moving Average. As you can see here we topped at that level perfectly. 2hr and 4hr CCI has broken with the daily close behind. Major short targets lay at our 2 gaps which close at 822 and 675 respectively on the daily.
Hold on to your butts.
Hold on to your butts.
Kommentar:
Target one smashed