NVDA outlook is bullish
Weekly Outlook of Sep 9
NVDA is in down trend since the earning report
- Price seems bouncing around $100-102 area
- 3rd downward leg forms divergence on 1H time frame
- RSI indicates Oversold on 4H time frame (below 30)
- Increased volume
- BoFA released analyst report favoring the NVDA
Therefore:
Bullish case
- Pull back for deep correction to $116-118 is expected if price rise breaks back above $107-108
Bearish case
- Economic worry is back after job data last Friday
if price holds under $105 area it may bounce down on downtrend line pushing price below $100 the $97 area
NVDA
NVDA is in down trend since the earning report
- Price seems bouncing around $100-102 area
- 3rd downward leg forms divergence on 1H time frame
- RSI indicates Oversold on 4H time frame (below 30)
- Increased volume
- BoFA released analyst report favoring the NVDA
Therefore:
Bullish case
- Pull back for deep correction to $116-118 is expected if price rise breaks back above $107-108
Bearish case
- Economic worry is back after job data last Friday
if price holds under $105 area it may bounce down on downtrend line pushing price below $100 the $97 area
NVDA 
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.