NVDA - A relief bounce is likely

$NVIDIA(NVDA)$ : A relief bounce is likely, considering the lower Bollinger band breached, oversold RSI and the island candle validated by volume.

However, see the difference with August 2024: A Bollinger acting as support back then (green arrow), and the current one is a slider (red).

NVDA has erased 55% - 60% of its gains in previous bear markets, will this time be different?➡️Technicals say no.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $VanEck Semiconductor ETF(SMH)$

Image

PS: In challenging bear markets, every downturn carries the seed of recovery. Your resilience and patience can lead to new opportunities. Investing isn’t just about the highs; it’s about weathering storms and growing stronger. Trust the process, learn from the experience, and brighter days will come!

Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.

Other helpful links:

💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

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.

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Your resilience and patience can lead to new opportunities. Investing isn’t just about the highs; it’s about weathering storms and growing stronger. Trust the process, learn from the experience, and brighter days will come!</p><p><strong>Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.</strong></p><p style=\"text-align: left;\">Other helpful links:</p><p style=\"text-align: left;\"><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p><ul style=\"list-style-type: disc;\"><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"\">How to open a CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"\">How to link your CDP account.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"\">Other FAQs on CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"\">Cash Boost Account Website.</a></p><p></p></li></ul><p><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\"></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"NVDA\" class=\"teditor-mention\" data-mention-name=\"NVIDIA\" href=\"https://ttm.financial/S/NVDA\">$NVIDIA(NVDA)$</a> : A relief bounce is likely, considering the lower Bollinger band breached, oversold RSI and the island candle validated by volume. </p><p>However, see the difference with August 2024: A Bollinger acting as support back then (green arrow), and the current one is a slider (red).</p><p>NVDA has erased 55% - 60% of its gains in previous bear markets, will this time be different?➡️Technicals say no.</p><p> <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a>  <a data-mention-id=\"QQQ\" class=\"teditor-mention\" data-mention-name=\"Invesco QQQ\" href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$</a>  <a data-mention-id=\"SMH\" class=\"teditor-mention\" data-mention-name=\"VanEck Semiconductor ETF\" href=\"https://ttm.financial/S/SMH\">$VanEck Semiconductor ETF(SMH)$</a> </p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/156f8ac42cca6c1f8af0e4819772d808\" tg-width=\"680\" tg-height=\"419\"><span>Image</span></p><p>PS: In challenging bear markets, every downturn carries the seed of recovery. Your resilience and patience can lead to new opportunities. Investing isn’t just about the highs; it’s about weathering storms and growing stronger. Trust the process, learn from the experience, and brighter days will come!</p><p><strong>Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.</strong></p><p style=\"text-align: left;\">Other helpful links:</p><p style=\"text-align: left;\"><a href=\"https://ttm.financial/TW/367769452580952\" title=\"💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉\" target=\"_blank\" class=\"\">💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉</a></p><ul style=\"list-style-type: disc;\"><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/06324754?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to open a CBA.\" target=\"_blank\" class=\"\">How to open a CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/how-to-link-CDP?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"How to link your CDP account.\" target=\"_blank\" class=\"\">How to link your CDP account.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/help/detail/contra-faq?_sasdk=fNDE0MTg2NzAwNTE0OTk2Mg\" title=\"Other FAQs on CBA.\" target=\"_blank\" class=\"\">Other FAQs on CBA.</a></p></li><li><p style=\"text-align: left;\"><a href=\"https://www.itiger.com/sg/invest/cash-boost\" title=\"Cash Boost Account Website.\" target=\"_blank\" class=\"\">Cash Boost Account Website.</a></p><p></p></li></ul><p><img src=\"https://community-static.tradeup.com/news/381b104429792cae7f67dc1120e2458d\"></p></body></html>","text":"$NVIDIA(NVDA)$ : A relief bounce is likely, considering the lower Bollinger band breached, oversold RSI and the island candle validated by volume. However, see the difference with August 2024: A Bollinger acting as support back then (green arrow), and the current one is a slider (red). NVDA has erased 55% - 60% of its gains in previous bear markets, will this time be different?➡️Technicals say no. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $VanEck Semiconductor ETF(SMH)$ Image PS: In challenging bear markets, every downturn carries the seed of recovery. Your resilience and patience can lead to new opportunities. Investing isn’t just about the highs; it’s about weathering storms and growing stronger. Trust the process, learn from the experience, and brighter days will come! Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.","highlighted":1,"essential":1,"paper":2,"likeSize":393,"commentSize":0,"repostSize":26,"favoriteSize":0,"link":"https://ttm.financial/post/421462019944832","repostId":0,"isVote":1,"tweetType":1,"viewCount":8213,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["NVDA","QQQ","SPY","SMH"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":967,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/421462019944832"}