NVDANVDA running into the U-MLH of this fork, in addition to showing bearish divergence and a Bearish RSI swing rejection on the 30m timeframe.
I'm expecting a drop back to the lows, or potentially further to one of the lower fibs .702 / .786 (Covid Low to Market Peak)
It's a wide target area but I'm hoping to take profit on the next test of the median line in the $140 - $110 range.
Fat_Fat
Note
30m chart - Bearish Divergence / RSI Swing Rejection Note
Took profit on my NVDA puts.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.