From the beginning of 2022, the support zone of 206-210 already has stopped the fall of NVIDIA shares 5 times. But the sellers don’t back down, and the new try to lead the price below can be quite successful in terms of the correction of the entire IT sector.
If the breakdown of zone 206-210 from below happens, the movement can continue till the autumn minimum of 195. And if even this time the support will stand, “bulls” will focus at the unclosed gap on the level of 230.
This content is for informational purposes only and is not intended to be investing advice.
