Nvda

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NvdaNVIDIA CorporationBATS:NVDAContraryTraderBear flag here playing out .. Short answer I see us heading to 169 minimum this week. Bear flag says we head lower but I respect the weekly 50sma in combination with the .786 fib level that I got from using All time high and 2022 lows. So 169 will be strong support. Bigger picture here is Drifting inside this weekly channel in the middle of no where Bollingerbands have really tightened. Last 2 times this happened we had a significant move, one to the Down side and one to the upside.. So I expect 300 or 90 by June (Maybe sooner). Short entry -177.00 Stop loss 179.00 Target 169. Only a strong long over 185.50