$NVIDIA Corp(NVDA)$ has formed an intermediary swing high with gap down in recent price movements. which some interpret as a potential bearish signal and others viewing it as a temporary pause in the uptrend.
A swing highs and lows are identified as turning points in a stock's price movement. An intermediary swing high occurs within an ongoing uptrend and marks a temporary peak before the price resumes its upward trajectory. While not inherently bearish, it can sometimes indicate a weakening of the uptrend and foreshadow a potential reversal.
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