JohnsonLamay

NVDA RSI, MACD, VWAP & Fib

Short
NASDAQ:NVDA   NVIDIA
Using multiple indicators, it seems as if NVDA has met a major reversal zone between the 0.618 and 0.786 Fibonacci levels. This aligns with the upper VWAP level one standard deviation higher than the VWAP level.

Pair this with a overbought RSI and a crossing MACD, and it looks like a reversal is on the cards for NVDA.

Happy Fibonacci Day!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.