Nvidia’s Red Flag: Is the Drop Just Beginning? 🚩📉

if you look at the heat map this morning Nvidia stuck out when most things were turning green Nvidia was bright red and of course it ended the day bright red not a good direction on Nvidia and the icing on the cake was without a doubt the fact that they were going to do a $50 billion share buyback it's very clear that envidia was consolidating and pushing up against resistance mid Wednesday price began to collapse giving us the indication that we were going down and not up this morning was a confirmation of that there was a continuation back to the downside rather than volume causing a reversal and a move back above these highs we continue to the downside we could go lower than 109 we could actually go 103 to 106 but I'm going to be taking positions my first position is going to be at 112 and it's going to be additional positions beneath that until I buy up this Zone with the anticipation that we will recover back over it and begin to move back up