$NVDA just hit its longest losing streak since September 2022 — seven straight red days. Last time this happened, the stock bounced +1.9% the very next session.
Not calling the bottom, but the setup's there. Oversold on the daily, sentiment washed out, and historically these streaks don't extend much further without at least a relief move.
Watching for a bounce play here — tight stop below the low of day 7, targeting a quick 2-3% pop. If it fails, it fails fast. If it works, you're early on the reversal.
Data-driven edge. Not a guarantee.
Not calling the bottom, but the setup's there. Oversold on the daily, sentiment washed out, and historically these streaks don't extend much further without at least a relief move.
Watching for a bounce play here — tight stop below the low of day 7, targeting a quick 2-3% pop. If it fails, it fails fast. If it works, you're early on the reversal.
Data-driven edge. Not a guarantee.
