Three #levelsofinterest coming together on the daily chart of $NVDA ahead of earnings next week 1- broken resistance tends to act as support 2- 🔴 dashed 20sma often finds buyers 3 -🔵⚓️VWAP from recent (Leopold) low which was also a bounce from the ⚫️200sma 30 min TF on right still below decl 5sma so it is early to buy. Maybe an inside day on Monday followed by misdirection (shakeout) Tuesday, recover on Wed prior to eps after the close? Simply anticipating scenarios based on market structure on multiple timeframes, NOT making predictions How do you look at a chart, do you anticipate forward different scenarios?
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