Stock Of The Day: False Breakout In Nvidia?
It may be staging a classic false breakout. This would suggest a continued move lower. It's why Nvidia is the Stock of the Day. • What’s weighing on NVDA shares?It is unfortunate that technical analysis has a dubious reputation on Wall Street. But it isn't surprising.Most technical analysts don't understand market dynamics and price action. They look for patterns on charts without understanding why these patterns form and what they mean. This is why so many technical analysts are unsuccessful.Chart pattern ...