bs6969
06-03
I closed 0.00712 share(s) $NVIDIA(NVDA)$  ,📉 1. Hitting the Upper Bollinger Band = Overbought Zone • The current price ($141.42) is very close to the upper Bollinger Band at $146.81. • Historically, when a stock reaches the upper band after a sustained rally, it often experiences a pullback or consolidation. • Bollinger Bands signal volatility and potential reversal — and this chart suggests NVDA is overextended in the short term.Conclusion: It’s a good time to take profits before a potential mean reversion.⸻🧱 2. Resistance Zone Around $143–$150 • The stock recently hit resistance at $143.49, and you marked several “S” symbols (Sell) near this region — likely auto-generated from your trading system. • There’s also a historical high at $150.31, which could act as strong resistance.Conclusion: The stock is facing technical ceilings. Selling into strength near resistance is often wise.⸻📊 3. MACD Bearish Divergence Appearing • The MACD line (0.553) is still above the signal line, but the histogram is shrinking, which often precedes a crossover and a trend reversal. • If momentum slows, we may see a MACD bearish crossover soon, signaling downside or stagnation.Conclusion: Momentum is fading. Better to lock in gains before MACD turns negative.⸻✅ Summary: Why You Sold NVDAYou sold NVIDIA at a technically prudent level due to: • Price touching or nearing the upper Bollinger Band. • Approaching a strong resistance zone. • MACD divergence warning of slowing momentum.These signals suggest a short-term peak and justify harvesting profits, especially if you plan to buy back lower or rotate into more undervalued opportunities.If you want, I can also suggest re-entry points based on support levels.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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