$NVIDIA(NVDA.US)

Let’s have a look at the de facto AI leadership and its price action post Friday’s selloff. She closed around 6% down. Volume was slightly elevated. However it was not markedly so. Hence selling is still somewhat contained and could be attributed to more aggressive sellers unloading to more patient buyers into a more fearful crowd. Less FOMO -> better prices essentially.

Psychological as well as price level support at 200. AVWAP confluence at 188. That is where the real battle will be between the bears and the bulls.

@Bridge Buzz SG

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