Saturday, August 12, 2006

Nvidia (NVDA) Chart Analysis 081206


Bearish Gartley Butterfly type of pattern here. IF the high has been put in at $31.88, and we retrace the move up from $3.60 low, THEN the downside targets for this pattern are: $14.42, $11.91, and $9.68. I will be looking for sell pattern to trigger off the weekly chart to enter a sell short.

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