LeLaf

NVDA: Descending Triangle (-68%)

Short
NASDAQ:NVDA   NVIDIA
NVDA not doing any better than the rest of the market.
Tech sector getting hit pretty hard nowadays.

Descending triangle is confirmed with a price target of 66$.
This target also corresponds to the 2019-2020 support level. Increases likeliness of happening.

250RSI under 50, not good.
Death cross, 50MA crossed under 200MA. Not good.
Negative RS. Not good.

Stay humble, have fun, make money.
Clause de non-responsabilité

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