munyaelliott

NVIDIA DAILY TIMEFRAME SHORT

Corto
NASDAQ:NVDA   NVIDIA
Prices have been tumbling down recently, having broken out of a corrective structure in the form of a bear flag pattern. This pattern was a good way for prices to blow off some steam, after the massive sell-off. Now we expect the prices to go towards the bottom of the corrective structure (bear flag pattern). This is a classic setup and there is no need to say much because price says it all. May the bears take over the world!!!

Target: 125.33

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