NVDA $141 GAP CLOSURE

17 באוק׳

It hit the resistance and missed the mark by 11 cents. Gap down below needs to be close before it reaches the target. Care for 2 to 3 reversals to make the movement complete to the upside in accordance with trending lines.
Entry points are the key.

17 באוק׳

הערה

Forgot to mention there is divergence at the daily high. Today high was bigger than yesterday. Regardless of it, showed a lower high on the RSI. This divergence means it is creating space within the market in order to move up.