Nvidia (
NVDA) can still rally another +40%:

Click chart above to see the detailed analysis👆🏻
After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Giao dịch đang hoạt động
Trading update on Nvidia (Click chart above to see the detailed analysis👆🏻
Very slowly but steadily Nvidia is trending higher, creating all time high after all time high. This slow increase in price is actually something entirely healthy and it really seems to be just a matter of time until Nvidia will again retest the top of the rising channel formation. There is still room towards the upside.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Đóng lệnh: đạt mục tiêu
Trading update on Nvidia (Click chart above to see the detailed analysis👆🏻
It actually kind of sounds unbelievable but Nvidia has been consolidating for more than six months now, although we saw a lot of volatility during this sideways market. Still, it is quite likely that we will see another final push higher, just slowly hugging the resistance trendline like Nvidia did it back in 2018.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
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Free: SwingTrading-Academy👇
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.