NVidia has reached the line linking the lows since 2022.
It is also showing some negative divergence on the momentum RSI-5 indicator.
Would be expecting a pullback towards at least the $600 area, even maybe the $505 area.
A break above the recent high near $750 would invalidate this view.
It is also showing some negative divergence on the momentum RSI-5 indicator.
Would be expecting a pullback towards at least the $600 area, even maybe the $505 area.
A break above the recent high near $750 would invalidate this view.
Comment:
* "The line linking the highs since the lows of 2022."
