People who thought Nvidia was solid just two days ago must be feeling pretty rough today. $NVDAB fell 5.96% in a day, closing at 176.67—just a step above its 14-day low of 174.57.
The RSI has already dropped to 21.2. The decline has been both sharp and relentless, so it does look a bit oversold in the short term. But oversold doesn’t mean it’s done falling. If it can’t hold the 174.57 level, there won’t be much support below.
I’d rather sit tight for now, since jumping in at this level would be like trying to catch a falling knife. But if it can climb back above 187.98, I’ll change my mind right away—that would mean the selling pressure has eased.
With the RSI down to 21.2, are you betting on a rebound or trusting the trend?
#英伟达 #MarketAnalysis
The RSI has already dropped to 21.2. The decline has been both sharp and relentless, so it does look a bit oversold in the short term. But oversold doesn’t mean it’s done falling. If it can’t hold the 174.57 level, there won’t be much support below.
I’d rather sit tight for now, since jumping in at this level would be like trying to catch a falling knife. But if it can climb back above 187.98, I’ll change my mind right away—that would mean the selling pressure has eased.
With the RSI down to 21.2, are you betting on a rebound or trusting the trend?
#英伟达 #MarketAnalysis