$NVIDIA (NVDA.US)$ hourly its able to see the end of declini...

$NVIDIA (NVDA.US)$ hourly its able to see the end of declining channel is around 118. (there is gap too around 119-120) likely it will be back to fill it up. it is also possible that it will rebound from weekly 20ma (129.5). but i would think the odds will be lower because this year it happened twice crossing daily 50ma would result in a huge drop. the latest rally was as long as 2 months before earnings. so for those without a posiiton may consider to add a small one now and heavier at the end of declining channel.