NVDA Retrace

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Price has had a great run up ... now appears price is at the fib extension 2.272% and a retrace back to the major trendline may be in order.

Also review the Stochastic RSI and RSI on the Monthly; confirmation may be when the lines cross down thru the 80% level.
Ghi chú
As expected, NVDA trended down; minus $22.90 for the week of 9/18 - 9/22.
Ghi chú
Down trend continues ...
Ghi chú
NVDA reversing course after finding support ... if confirmation continues and price continues trending up and breaks $500, expecting more upside. DYOR NFA This is also in alignment with the IXIC bullish H&S pattern as well.
Ghi chú
Daily close above $500; enough said.
Ghi chú
NVDA price extending above resistance ... more upside potential is expected.
Ghi chú
NVDA is a major component of the IXIC just like FI (Fiserv) and both appear to be in significantly correlative bullish patterns right now. Enjoy the run.
Ghi chú
NVDA breakout ... expected next target per the channel pattern is in the zone of $1,850/share.
Chart PatternsTechnical IndicatorsTrend Analysis

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