6.22 Zhang Lihui: Nvidia's 4H bearish outlook is obvious! How to position today for NVDA!#美伊谈判推迟

Zhang Lihui, Beijing time June 22, 00:58, edited: Nvidia (NVDA) market analysis and trading suggestions:

In the 1-hour chart of Nvidia, the Bollinger Bands are contracting, and the intraday price is under pressure at the upper band, forming a pullback. The current candlestick is located between the middle band and the MA15, MA30 levels, with a further downward trend. The MACD has started to expand below the zero line, with the fast and slow lines forming a death cross. The KDJ and RSI are both in a downward pattern. Currently, there is no oversold condition, and Lihui believes the bearish trend will continue; it is recommended to hold short positions for now.

At the 4-hour level, the Bollinger Bands are squeezed to the extreme, and the KDJ and RSI show weakness in upward momentum. The fast and slow lines continue to form a death cross. Key supports at MA60 and MA450 should be watched; a break below these levels could lead to reaching the MA500 level. On the daily chart, the price is also under pressure at high levels, with MA30 and MA60 acting as short-term resistance, which can serve as defensive levels for bears.

Today’s Nvidia short entry point 1: Short above 211, stop loss above 218; target 208-205; if it breaks below 203, hold the position.

Today’s Nvidia long entry point 1: Long below 205; stop loss below 200; target 209-211; if it breaks above 212, continue holding until around 218! Specific entry points for longs can be followed in real-time updates from Lihui!

There is a delay in article review and push notifications. Market conditions change rapidly. Specific entry opportunities should be combined with actual trading operations, based on real-time notifications. The suggested levels in the article are for reference only. Do not operate with heavy positions. Enter with proper stop-loss and take-profit orders, and take profits when the market moves favorably!