People want to learn, but somewhere along the way we stopped paying good information forward. I said watch $NVDA around $235 because it was showing signs of a failed breakout. It failed, and price is now trading much lower. So here’s the next part I’m watching: the weekly 21EMA is showing up as support, and just below that you have the longer-term trendline around $212. As long as $210–$213 holds, I think $NVDA has a good area to stabilize and bounce from. But lose that zone on a meaningful basis and things can get slippery very quickly.
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