NVDA showing signs of a reversal
NVDA broke under neath major support level friday over fears of recession looming then reversed course Monday.
We are now seeing a number of good signals that NVDA is reversing course and getting ready for a turn around.
- breaks through downward resistance trend
- breaks back above major long term support
- RSI shows strong turn around
- One down side is volume is slightly decreasing during the turn around. Not a clincher, just noting it.
We are now seeing a number of good signals that NVDA is reversing course and getting ready for a turn around.
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