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NVIDIA - Arguments For Bears

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As in my last post "Arguments For Bulls" I do my Analysis for NVDA with eyes of a Bear.

We see the red down sloping Pendulum Swing Pitchfork. Because the A-Point is LOWER than the C Point, it's a Pullback Fork that would give us the potential downfall target at the Center-Line, before the Pendulum of price would swing to the upside again.

- the "Trend Barrier Dow" was breached
- price reacted to the tick multiple times at the U-MLH (White Rectangle) (Upper-Medianline-Parallel). This is clear resistance.
- Price just filled the GAP from 3 Days ago, so it can continue in the opposite direction (down) again.

So, that's it.
You have 3 ways to play this:
Long, Short, Flat.

Earnings of such a Market influential underlying is a pure gamble. I grab some Pop-Corn and watch the show and see, which of the cases is wrong and right. §8-)

Happy Profits all
Dagangan aktif
There we have it.

The Trernd Barrier Short is confirmed.
Now I look for a Target at the Center-Line.

syot kilat
Dagangan ditutup: sasaran tercapai
Daily Chart
We're on the path to the Center-Line

syot kilat

Penafian

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