NVDA Head and Shoulders Necklines study
For the fun of it, here are some necklines (by no means all) from H&S (fuscia) or Inverse H&S (green / yellow current) that may still affect direction / velocity.
NVDA loves them, and current price is poised at highest POC (most volume for the price level). So breakout (up or down) is imminent!
So which of those necklines will win out? Needs a spike in volume (time not price point) for the current yellow ones to push price up.
NVDA loves them, and current price is poised at highest POC (most volume for the price level). So breakout (up or down) is imminent!
So which of those necklines will win out? Needs a spike in volume (time not price point) for the current yellow ones to push price up.
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