Nvidia Stock Price Reverses Lower From Important Fibonacci Level!
Nvidia’s 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! But something happened last week. Nvidia’s formed a bearish reversal candle on the weekly chart. See chart below.This is a rare pattern that often times will show up on aggressive/parabolic moves… and often times signals a trading top. Sign up for our FREE newsletter and receive our best trading ...