Now, in my last update I mentioned how NVDA needed to move above these two levels to become bullish again, or to reactivate its bullish potential: 212 and 220.
NVDA moved up and immediately faced a rejection after challenging 212. I am getting chills right now after seeing this and what I just saw on the Tesla (TSLA) chart. (You can visit my profileโand follow โto see what I mean.)
And this is happening. These things move together. Just as the Cryptocurrency market tends to move in unison when it comes to the bigger picture, the stock market is the same, especially these big stocks.
So it is not surprising at all to see a very strong bearish bias on NVDA as well as TSLA, both at the same time.
The previous session produced the highest volume since 27-Feb and closed as a hammer. Last time this happened, the stock went down, I'll tell you why. Why go down after very strong buying and a hammer? Because bears are preparing a massive short. Sometimes you see volume rise but not much change in price and a confirmation of resistanceโbears preparing a short.
The short is ready and here it comes... It can take its time to unravel as usual, but NVDA has been bearish for more than a month, something seen only during a correction. Corrections tend to start slow and intensify at the end. They go a bit sideways with a downward bent until the floor gets broken resulting in a major flash crash flush.
Thank you for reading.
Namaste.
NVDA moved up and immediately faced a rejection after challenging 212. I am getting chills right now after seeing this and what I just saw on the Tesla (TSLA) chart. (You can visit my profileโand follow โto see what I mean.)
And this is happening. These things move together. Just as the Cryptocurrency market tends to move in unison when it comes to the bigger picture, the stock market is the same, especially these big stocks.
So it is not surprising at all to see a very strong bearish bias on NVDA as well as TSLA, both at the same time.
The previous session produced the highest volume since 27-Feb and closed as a hammer. Last time this happened, the stock went down, I'll tell you why. Why go down after very strong buying and a hammer? Because bears are preparing a massive short. Sometimes you see volume rise but not much change in price and a confirmation of resistanceโbears preparing a short.
The short is ready and here it comes... It can take its time to unravel as usual, but NVDA has been bearish for more than a month, something seen only during a correction. Corrections tend to start slow and intensify at the end. They go a bit sideways with a downward bent until the floor gets broken resulting in a major flash crash flush.
Thank you for reading.
Namaste.
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๐ฅ Get the FULL (4-in-1) PREMIUM PACKAGE ๐
t.me/lamatrades/4 (Since 2017)
โ FREE PREMIUM trade-numbers (4-10X) ๐
t.me/masteranandatrades/9043
๐จ TOP Results May 2026 ๐
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
โ FREE PREMIUM trade-numbers (4-10X) ๐
t.me/masteranandatrades/9043
๐จ TOP Results May 2026 ๐
t.me/masteranandatrades/8778
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.