$NVDAB lost the 170s today and it wasnt a slow bleed either
Spent the morning near 182, then the US open came and the 1h candles just kept stacking red. 170.8 from yesterday gave way, low printed at 166.5
Biggest volume of the whole week came in on that drop. Since then its been sitting flat 167 to 169, no real bounce at all
Both EMAs are pointing down now with the fast one way over price, so I'm not reading this flat stretch as a bottom yet
166.5 has to hold. Under it the next spot is around 160
Getting back over 170.8 and staying there is the first thing that makes me look again, 175 after that
Spent the morning near 182, then the US open came and the 1h candles just kept stacking red. 170.8 from yesterday gave way, low printed at 166.5
Biggest volume of the whole week came in on that drop. Since then its been sitting flat 167 to 169, no real bounce at all
Both EMAs are pointing down now with the fast one way over price, so I'm not reading this flat stretch as a bottom yet
166.5 has to hold. Under it the next spot is around 160
Getting back over 170.8 and staying there is the first thing that makes me look again, 175 after that
