원문 보기
looking at Nvidia here today on The Daily time frame you can see that it has been going up steadily over the past few months and uh right now we're seeing price pull back into the daily demand Zone at uh 16440 all the way down to 15760 so we're seeing that first little pullback come in here and uh we're looking for a nice little pop back up to retest this High area Okay so this is just a nice little pullback over the next week I'm anticipating and seeing price kind of come down here a little bit more maybe chop around and then retest the highs is what I'd like to see happen here on Nvidia as we look down into the hourly time frame you can notice that these are the two hourly time frame zones uh support zones that price is interacting with right now you can see how price just barely kissed this Zone bounced out and I think it'll go through to this next Zone down below so a possibly a good buying opportunity down here inside of uh support which is inside of daily demand uh again looking to retest the highs just to see truly how strong are these highs over here so that's what we're looking at here on Nvidia looking at Sears today here on the daily time frame you can see that uh it has been going back and forth and back and forth we're just going to draw out these levels here together to be aware of uh first off I would be aware of this level up here at uh 1040 all the way up to about 1150 uh this is the first level of Supply that I see Happening Here on the big daily time frame and down below we also need to be a where is Price going to find demand okay uh where have the supply and demand curves shifted to so down here here I would say this is the area of demand that I'm looking at right now and let's go ahead and change the color of that zone here just so that we have the right color uh green representing demand red representing Supply or resistance so uh we got both sides of the coin there and I'm really seeing price kind of bounce back and forth in between this range uh it has made a new high and now it's just kind of right in the middle of No Man's lands so I would like to see a good bounce off of demand down below before returning up high up here into the $11 amount so moving down into the hourly time frame what do we see down here uh why is price doing what it's doing as far as support and resistance goes well uh down here on the bottom side we do have some nice little support going on there and we have some kind of new support coming out right here too okay and on the big uh on the flip side we also have resistance coming into play as well so let's go ahead and draw some of those resistance levels we do have a little bit of resistance that's not correlated with a big daily zone right here uh starting at about $10 and working its way down to about $950 roughly so those are the uh the major levels that I see coming into play okay uh the other level that I need to be aware of is right here too okay so uh a little bit of fresh resistance coming into effect right there so those are the major uh support and resistance levels again these things are in between these big daily zones so uh overall I'm looking at uh more support being respected overall so I would like to get to the range um I I believe that we have uh turned the trend to the upside here on on Sears so I'm looking for price to go up we do see price respecting this level here uh over the past few hours so I'd like to see uh resistance being retested at $920 and then going on up into the daily time frame at $10
Comments 0