NVDA - Bullish Engulfing Candle
$NVIDIA(NVDA)$ - Bullish Engulfing Candle:
Every Friday, I publish the support and resistance levels for more than 40 securities (subscribe using link in bio), highlighting the level that if breached, bearish (or bullish) reversals are confirmed. There is a set of support and resistance levels as well.
That said, the latest bullish engulfing candle suggests bullish continuation, but the futures are suggesting otherwise.
Bearish confirmations if these prices are breached:
$NVIDIA(NVDA)$ : $140.4
$Amazon.com(AMZN)$ : $210.0
$Meta Platforms, Inc.(META)$ : $681.6
$Invesco QQQ(QQQ)$ : $526.3
$iShares Russell 2000 ETF(IWM)$ : $208.9
$Broadcom(AVGO)$ : $251.8
Bullish confirmation if these prices following levels are surpassed:
$ProShares Short S&P 500(SH)$ : $41.6
$ProShares UltraPro Short QQQ(SQQQ)$ : $22.8
$Direxion Daily S&P 500 Bear 3X Shares(SPXS)$ : $5.3
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- Brando741319·06-17GoodLikeReport