The breakdown action of NVDA on 04/18/24 and 04/19/24 could have long-term consequences. Monthly RSI has a bearish cross of its moving average line. Also Monthly Stochastic has bearish lines cross. These signals have not occurred since December 2021. Subsequently NVDA decline 69% from its November 2021 top.
If NVDA now has a similar decline it could fall to the low 300 area.
If NVDA now has a similar decline it could fall to the low 300 area.
