Positive Divergences: NVDA, SYNH, ZM

Positive Divergences are developing in many stocks as they reach strong support levels.

NVDA, SYNH and ZM are examples that showed signs of the run down ending as volume indicators diverged upward against the decline. This is an early buy to cover signal for short positions.

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buytocoverTechnical IndicatorsmoneyflowindexNVDApositivedivergenceshortsellingSupport and ResistancesupportandresistancezonesSYNHTrend Linesvolumeanalysiszm

Martha Stokes, CMT
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