NVDA - The bounce ended the week
$NVIDIA(NVDA)$ The bounce ended the week with a hanging man, so the 20DMA must be recovered by the close on Monday to provide signs of invalidation.
➡️Previous bounces that ended with a reversal candle at the 20DMA zone are highlighted. Will this time be a mild consolidation like cases A and C? or a lower low like B?
I’m quite unsure a gap fill before ER, unless that latest candle is invalidated. The market's trading this week underscored its struggle with uncertainty, resulting in high volatility and an absence of a clear trend.
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