$NVDAB lost the 160 level.
Breaking below it isn’t hard; getting back above it is. If it can’t reclaim that level for a while, the weakness is confirmed.
I’ll use the consolidation range before the unusual move as the dividing line: it only counts as a breakout if price holds outside the range.
Breaking below it isn’t hard; getting back above it is. If it can’t reclaim that level for a while, the weakness is confirmed.
I’ll use the consolidation range before the unusual move as the dividing line: it only counts as a breakout if price holds outside the range.
