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NVDA’s White Support Line for a Potential Rebound – Day 2 of GTC 2024 Conference

Today is day 2 of the $NVDA GTC conference, $NVDA had a bearish day yesterday even though it was day 1 of the event. I think there was actually a lot of great news for $NVDA, but surprisingly there was little upside in terms of price action. So far $NVDA has been bearish since reaching the yellow trendline, and I think the momentum has been bearish. For now NVDA is near a white support line and bulls are looking for a rebound here so that NVDA has some upside for day 2 of the GTC event.

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