NVDA Lower Highs and Lower Lows

NVDA 1 hour

The last lower high isn't confirmed yet until the price goes below the last low. The extra lines aren't needed to see highs and lows but I find them helpful.

https://preview.redd.it/3005s36lcu7h1.png?width=1575&format=png&auto=webp&s=a6d0061cee757ba7cfbca55d61b31a1e283c5fdb

NVDA Daily

This one shows NVDA fading while the base index QQQ is near it's high. NVDA is not doing as good.

https://preview.redd.it/zawiyrh2du7h1.png?width=1575&format=png&auto=webp&s=b5652deee7127e05105a1f46e3b739bfae412897

NVDA / QQQ shows the relative strength of NVDA compared to the index. It can be charted the same way as an individual stock. Which shows a critical support level.

https://preview.redd.it/ytrkozv0eu7h1.png?width=1225&format=png&auto=webp&s=257b1cfb350f6cd5ea3215c986d0269897fc5325