The current decline in $NVDA is expected to first target the $145-$120 range 🔥
If it fails to find support in this area, the bullish trend for $NVDAB will be completely broken.
In simpler terms: If you want to buy the dip, wait for signs of a bottom in the $145-$120 range before making your move.
If you don't see any signs of a bottom (bottom formation + low-level bullish alignment) at this level, it means the market has abandoned this stock, and you shouldn't hold onto it any longer.
#TradFiForBeginners
#CanNvidiaEarningsEaseMarketConcerns?
#NVDA
If it fails to find support in this area, the bullish trend for $NVDAB will be completely broken.
In simpler terms: If you want to buy the dip, wait for signs of a bottom in the $145-$120 range before making your move.
If you don't see any signs of a bottom (bottom formation + low-level bullish alignment) at this level, it means the market has abandoned this stock, and you shouldn't hold onto it any longer.
#TradFiForBeginners
#CanNvidiaEarningsEaseMarketConcerns?
#NVDA
