$NVDA & - Bearish Crossover Between 20 and 50DMA

SmartReversals
12-22 10:48

1. $NVIDIA(NVDA)$ - Bearish Crossover Between 20 and 50DMA

The latest candle is bullish and validated by daily volume, anyway it has to prove the bounce recovering the 10DMA, where it found resistance during Friday's afternoon. Will the crossover be invalidated? The complete analysis is in my profile's link.

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2. $iShares Russell 2000 ETF(IWM)$ : As anticipated when the shooting star appeared one month ago already, the 50DMA is decorative for Small Caps, it was breached without much effort.

$214 - $219 is a major support, and a key level to watch next week is $224, since it rejected price action on Friday in confluence with the 5DMA.

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