NVIDIA - Arguments For Bears
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
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
Transaction en cours
There we have it.
The Trernd Barrier Short is confirmed.
Now I look for a Target at the Center-Line.
Trade fermée: cible de profit atteinte
Daily Chart
We're on the path to the Center-Line
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.