NVDA - Bearish MACD Crossovers
$NVIDIA(NVDA)$ - Bearish MACD Crossovers
➡️The red circles highlight recent pullbacks that have followed bearish MACD crossovers. Friday's red engulfing candle adds to the bearish outlook, suggesting further downside.
➡️A rapid move towards the upper edge of the volume shelf is likely (black arrow). In a scenario of accelerated selling, the price action could mirror previous pullbacks (red oval), which would align with the lower edge of the volume shelf (low probabilities).
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