$GOOG $META $NVDA Overbought Reset Is Underway
$GOOG $META $NVDA Pullback Watch 📉
All three are showing signs of cooling off after pushing into overbought territory. The key now is how deep the pullback goes — and where buyers step back in.
🔎 $Alphabet(GOOG)$
Rejected at the upper Bollinger Band. The last time this happened, price pulled back to the 20-DMA and bounced.
Let’s be pessimistic and assume the gap at $330 gets filled, which would offer a better entry. But expecting that deep a pullback right now may be wishful thinking.
📉 $Meta Platforms, Inc.(META)$
As flagged last week, the upper Bollinger Band breach and overbought oscillators pointed toward consolidation or a healthy pullback.
Price could consolidate around the 20-DMA, potentially completing the reset.
🎯 $NVIDIA(NVDA)$
The upper Bollinger Band breach once again preceded a pullback.
With the $232 gap now filled, the next downside target is $226, which aligns with the 20-DMA — a typical minimum pullback destination after a band breach.
The focus now is on the 20-DMA and whether each stock can find support there. 👀
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