Diamond Member Pelican Press 0 Posted March 13 Diamond Member Share Posted March 13 Nvidia Stock Price Reverses Lower From Important Fibonacci Level NVIDIA’s (NASDAQ:) stock price surged last week, reaching an important Fibonacci extension level (361.8). The rally has been unprecedented. Nvidia (NVDA) is a large-cap tech stock and its price has doubled in just 9 weeks. Nvidia Weekly Chart But something happened last week. Nvidia’s formed a bearish reversal candle on the weekly chart. See chart above. This is a rare pattern that often times will show up on aggressive/parabolic moves…and often times signals a trading top. I’m wondering if this will end up being important? Stay tuned. This is the hidden content, please Sign In or Sign Up [NVIDIA Corporation, NVIDIA Corp, GOLDMAN SACHS INTERNATIONAL Zt 271.02 USD NVIDIA Corp 13Sep19, BNP PARIBAS ARBITRAGE ISSUANCE BV Put NVIDIA CORP 31Dec99 #Nvidia #Stock #Price #Reverses #Important #Fibonacci #Level This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/2516-nvidia-stock-price-reverses-lower-from-important-fibonacci-level/ Share on other sites More sharing options...
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