Time to catch the NVIDIA bounce?

21 january 2022 102
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
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The correction of the IT sector’s stocks continues and NVIDIA takes here an active part.

The fall from the historical maximum is already more than 30% and the RSI came to the oversold zone.

The buyers can intensify by the gap at 233.4 or try to catch the upward bounce from the 200-day moving average for 230.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
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