NVIDIA
Short

NVDA - Flag officer is tired

277
TREND
Current wave structure: Uptrend.
Head on shoulders in the daily timeframe is a reversal indicator.
A potential breakout (on the shoulders) may form a bullish harmonic pattern that is pretty common in uptrend.

Moving Averages
Prices cannot get away from 20-day (Red) and 50-day (Orange) that is an indicator of tiredness.
A fast visit to 100-day (Turquoise) or between 200-day may take the tension of the prices.

SUMMARY
Based on this analysis, a price action to the support line is expected.
Meanwhile flag officer takes a rest, TSLA will takeover the role during the absence.
Nota
istantanea

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