NVIDIA
Short

First support at 99

227
Nvidia broke the long term uptrend it was on since the end of 2022. Mid-feb it tested this trend line successfully, thereby bouncing off. Then it crossed the 200dma last week and is now on track to form a lower low, thereby 'officially' entering a downward trend. First support is at the 38% fibonacci level at 99 USD. This also coincides with previous support/resistance levels seen in sep24 and mar24. Don't catch a falling knive (yet).

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