Interesting NVDA! Key level verified!
- Post earnings on 21 Nov varied between 509 and 468
- And that was also a break of a double bottom neckline
- We are back to test the neckline and look what candle we have there on Friday! - An indecision candle
- Means? We can go up or down, anything can happen!
So stop guessing and just know where it can go.
Upside - Break 502 and we will see some explosive upside as liquidity built below
Downside
==> 404 (bottom of area of balance)
==> 375 (top of gap)
==> 306 (gap fill)
NVDA - Daily Chart - 2 Dec 2023
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