NVDA continues to show more selling ahead
NVDA has clearly finished its brief rally failing to reach long term resistance level. A new downtrend has commenced
We should expect NVDA to continue with its sell off
- first broke under its upward trend and failed to regain
- new downward trend formed, attempted to break above but failed and sold off
- volume has increased as the sell off continues solidifying the downward trend
- RSI validate the sell off by also steadily trending down as the price moves lower
We should expect NVDA to continue with its sell off
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