$NVDA - Price has also bounced from the highlighted demand zone

SmartReversals
01-19

$NVIDIA(NVDA)$ - The stochastic oscillator curling up from oversold territory has reliably signaled bullish reversals during previous pullbacks.

Price has also bounced from the highlighted demand zone at the lower edge of the volume shelf. All eyes are now on the 50 DMA (purple), which is expected to turn into support.

$NASDAQ 100(NDX)$ $VanEck Semiconductor ETF(SMH)$ $iShares Russell 2000 ETF(IWM)$ $SPDR S&P 500 ETF Trust(SPY)$ $GLOBAL X DOW 30® COVERED CALL ETF(DJIA)$

ImageImage

One of the reasons why a pullback is not guaranteed 👍.

ImageImage

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • AnthonyFoo
    01-20
    AnthonyFoo

    Still doubt it will get higher at the moment. 

  • Sonsonkok
    01-20
    Sonsonkok

    Great article, would you like to share it?

  • MdNasir
    01-20
    MdNasir

    👍👍👍

  • Tiger JC
    01-20
    Tiger JC

    Sharing 

  • Matachiko
    01-20
    Matachiko

    Good

  • Yhp1
    01-20
    Yhp1
    Great article, would you like to share it?
Leave a comment
7
1591