Bearish Head And Shoulder Break Down On NVIDIA Corp (NVDA)

I came across a stock chart pattern break down in progress and wanted to alert other investors and traders. The stock is NVIDIA Corporation (NASDAQ:NVDA) and the pattern is a bearish head and shoulder pattern. The stock chart has already broken the neck-line, signaling a start to the collapse to its calculated target of $94.00. NVIDIA Corp was recently as high as $120.00 before reversing substantially. There are still a ton of investors and funds caught on the long side. These need to be flushed out before a bottom can be made. Note the stock chart below of NVIDIA Corporation. Note the chart below...

Chart: http://ift.tt/2j648gi

Gareth Soloway

InTheMoneyStocks

Submitted January 17, 2017 at 01:48PM by inthemoneystocks http://ift.tt/2iy8a4Y