The Long Investor
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$NVDA
🕑 Added 2025-03-26 16:53:42 +0000 UTCOk first attempt at breaking back into the wedge has not been successful.
We have a test, pull back, retest again and then a lower low....so this is not bearish right now.
I have added in the green fib levels to show where support can come for a higher low.
Holding above $111 will be needed now.
A 3 wave pull back to hold on $111 and the price action can make another attempt moving higher to test the wedge once again.
$NVDA showing weakness today has also put pressure on the $SPY and $QQQ, so right now we are still in limbo, bulls will need to start stepping in.
Comments
Chris H
Mother of all battle zones indeed
