NVDA -The Weekly Candle is Alarming for Bulls
$Invesco QQQ(QQQ)$ bounced precisely from the $512 level, a point of confluence with both the lower edge of the volume shelf, the 20DMA and the central weekly level.
The longer the price consolidates within the current volume shelf, the higher the probability of it becoming a launchpad. On the bearish side, the Stochastic suggests a volume gap fill, but the support lines remain robust.
Image
$NVIDIA(NVDA)$ The Weekly Candle is Alarming for Bulls: Previous cases have preceded significant pullbacks.
Let me know you're around to post the bearish target for next week, and the price level that must be recovered for bullish consideration.
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here：
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
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.
