Struggling At The Top

Nvidia is posting both positive and negative early in the session.

Already shown in prior posts, NVDA has been correlating well with Fibonacci time counts.

Taking a look at today’s struggle, we’re within the margin of error for Fibonacci Day 89, from the last all-time high, June 20th, this year.

Nvidia NVDA, Daily

We’re at ‘Day 89’, minus two days.

Meanwhile, the rest of the sector (SOXX), continues to verify a nascent trendline lower, last update here.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279