🚨 $NVDA UPDATE 🚨
🔥 Nvidia just witnessed another brutal dump, but the dump is not over yet. The next move could surprise! Nvidia is trading around $161.01 after hours, down another 1.13% from the $162.85 Friday close, just above $160.
EXPECTED BOUNCE: $164-$166. Don't confuse this bounce with a bullish reversal!
🎯 The bigger bearish target is around $155.
Can traders LONG this bounce? Yes! But aggressive longs are NOT recommended against the bearish trend.
THE $NVDA SHORT PLAN: Entry (DCA) after a bounce towards $164-$166. SL: $170. TP1: $160, TP2: $158, TP3: $155. Wait for a bearish rejection in the entry zone.
Same goes for $AMDB $SNDK $CRWV .
#nvda
🔥 Nvidia just witnessed another brutal dump, but the dump is not over yet. The next move could surprise! Nvidia is trading around $161.01 after hours, down another 1.13% from the $162.85 Friday close, just above $160.
EXPECTED BOUNCE: $164-$166. Don't confuse this bounce with a bullish reversal!
🎯 The bigger bearish target is around $155.
Can traders LONG this bounce? Yes! But aggressive longs are NOT recommended against the bearish trend.
THE $NVDA SHORT PLAN: Entry (DCA) after a bounce towards $164-$166. SL: $170. TP1: $160, TP2: $158, TP3: $155. Wait for a bearish rejection in the entry zone.
Same goes for $AMDB $SNDK $CRWV .
#nvda