Last week Nvidia's stock formed a large red bar. It has also fallen below the 60 min 50 MA. There are indeed some correction warning signs which we need to take heed.
After reading this analysis, let me know what you think in the comments below.
NVDA has been running higher because it is in a stage 2 uptrend in the daily and weekly chart. The best stocks to buy are stocks that are in a stage 2 uptrend. Learn more about stage 2 uptrend in the free Ebook The Beginner's Guide To Stock Market Stages below.
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