$NVIDIA(NVDA)$ hit the lower Bollinger Band with oversold Stochastic and a high volume indecisive candle.
This combination has propelled the price back toward the upper band.
However, this bounce faces heavy resistance, including the 20 DMA. More information in link in reply.
Market dislocations are wealth transfer events. They transfer wealth from those who panic and sell to those who remain disciplined and buy.
Your response to the next crisis will determine which side of that transfer you're on.
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