News Meets TA: Aligning Fundamentals with Charts

$NVIDIA (NVDA.US)$
Bad news can significantly impact stock prices, especially when supported by technical analysis. For example, NVDA is currently under investigation by China, a fundamental factor that creates bearish sentiment.

What the Chart Says:

- NVDA's price has faced rejection at a key resistance level, indicating a high probability of a downward trend.

- This alignment of news and technical resistance creates a strong confluence, offering an opportunity to go long on puts or short the stock.

- Tip: Always combine news analysis with technical signals to strengthen your trading decisions. Look for clear confluence before taking action.

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