Thursday 6 April 2023

Nvidia NVDA.O: Up +147% on WCC and +100% on DCC buy signals. Now in profit taking resistance zones of 266/277&284! Consolidation risk remain high here!

 NVDA.O: Up +147% on weekly Cloud Chart (WCC) and +100% on the daily Cloud Chart  (DCC) buy signals. Now in profit taking resistance zones of 266/277&284! 



Consolidation risk remain high here back down to the top end Cloud Chart support zone of 243 on WCC, and 251 on the daily CC! 



META.O "King of the Social Sewer Stocks": up +130% since the CC rebound buy signal! Now close to next major resistance zone: 221!

 META.O "King of the Social Sewer Stocks": up +130% since the Cloud Chart (CC) rebound buy signal! Now close to next major resistance zone: 221!



Meta had a strong rebound from the Cloud Chart support zone of 91/96 zone! Meta managed to break past the bottom end CC resistance zone and now on it way to fight resistance at the top end of the weekly CC resistance zone between 208/221!

Need to see a sustained breakout past the top end CC resistance zone! Consolidation risk remain high in and around resistance targets!