Charts| Stocks performance - NVDA Bearish Idea

Bixley
03-13

1. $Microsoft(MSFT)$ - Trend Line Test

MSFT: MSFT - Trend Line TestMSFT: MSFT - Trend Line Test

MSFT has formed a channel way above a dominant trend line This is coupled with a double top (higher high double top) suggesting after a pull back bulls will return I think there will be downward movement to test this trend line in green again Weekly timeframe

2. $NVIDIA(NVDA)$ - Bearish Idea

NVDA: NVDA - Bearish IdeaNVDA: NVDA - Bearish Idea

A Three downward move situation with the last dip being the largest pushing price down to a lower trend line in red (dotted line) Bars pattern tool in red shows my thoughts of the bearish movement I think price will continue down below the green line that has previously been seen as support Daily chart

3.ETH Dominance Very Dominant Downtrend (RSI)

ETH.D: ETH Dominance Very Dominant Downtrend (RSI)ETH.D: ETH Dominance Very Dominant Downtrend (RSI)

The RSI on ETH.D shows a large channel with a strong bearish favor Currently RSI is in oversold area I expect on this Weekly chart RSI to reverse and possible one day even get out of this extremely bearish state Weekly


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Comments

  • Esther_Ryan
    03-14
    Esther_Ryan
    The NVDA GTC could be a sign of positives, but overall great sharing.
  • Dalang
    03-13
    Dalang

    In depth sharing 

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