A Deep Dive into Technical Analysis w/ The Whale Whisperer ๐, Danny Cheng.
17 July 2024-daily
$NVDA-YELLOW CANDLE (17 July 2024-daily)
NVDA failed to break through its resistance level between $135 and $136, leading to a continued pullback. Last night, a bearish yellow candle appeared. To resume the bullish trend, NVDA needs a daily close above $129.04, while closing below $124.58 would trigger a downtrend again. These levels currently serve as support and resistance. Whale accumulation has decreased to 75.33%. Both MACD and RSI are curling down.