$NVDA - Potential Bullish Reversal Candle

SmartReversals
11-19

$NVIDIA Corp(NVDA)$ - Potential Bullish Reversal Candle

The loss of the 20DMA is not good news, the oscillator is trending down and the Bollinger is curling down.

$138 is the line in the sand to avoid a visit to the lower band.

ImageImage

$Invesco QQQ(QQQ)$ - 4 Hours is the Only Bullish Timeframe

During the last days price has moved up once the oscillator sets a bullish crossover in oversold zone. It happened today.

ImageImage

$Utilities Select Sector SPDR Fund(XLU)$ : Utilities had a weekly outflow of more than $1 Billion, the largest in a decade.

Is this bullish or bearish? Gifs are welcome.

ImageImage

Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1
1