Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.
ノート
It is currently off from Daily uptrend. Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.
ノート
$800-$785 buy zone. TP1: $880 TP2: $920 TP3: $970
ノート
A minor pull back. Insufficient volume to cause retracement back to the bullish trend.