Junius Falcon
Maniac Fool
:
Yes, but the chance to go completely down is smaller, as previous top serves as an actual level support, and that NVDA earning is great and pe is not super high. Thus, it is possible to go flat until it hits the support trendline then go up as well.
Maniac Fool : Yes it has been bearish
LittleSoldier : Of Course it’s Red, How Silly of me to think it’s going to be Green on a Day when Semiconductor is Green and up like 2%???
Junius Falcon : On trend and level supports, will see
Junius Falcon : Within reasonable eps-pe and technical channel bound
Maniac Fool Junius Falcon : Look at daily over a few weeks or weekly chart please
Maniac Fool Junius Falcon : So there is more to drop to the lower band of the ascending channel
Junius Falcon Maniac Fool : Yes, but the chance to go completely down is smaller, as previous top serves as an actual level support, and that NVDA earning is great and pe is not super high. Thus, it is possible to go flat until it hits the support trendline then go up as well.