$NVDA Another blood bath 🔴
Look at this selloff. After struggling around $170 to $171 sellers stepped in aggressively and pushed price down toward $160.57
The latest candle shows a small recovery around $161 but I am not calling this a reversal yet. Buyers need to step in with stronger momentum and reclaim the lost levels.
For now the pressure is still on the downside. I will wait for confirmation before taking a position.
#CanNVDAReigniteAIRally #EarningsSeason
Look at this selloff. After struggling around $170 to $171 sellers stepped in aggressively and pushed price down toward $160.57
The latest candle shows a small recovery around $161 but I am not calling this a reversal yet. Buyers need to step in with stronger momentum and reclaim the lost levels.
For now the pressure is still on the downside. I will wait for confirmation before taking a position.
#CanNVDAReigniteAIRally #EarningsSeason
