Here we are looking at NVDA on the Daily TF…
As we know NVDA has been in a major bull run over the last several months. When trying to figure out where it may run out of steam, I began looking at its 2021 bull run to see if there were any similarities. Upon doing so, I analyzed a very interesting similarity between 2021’s bull run to the current.
In 2021, NVDA’s run lasted exactly 273 days before reversing into its bear market. Today marks the 273 day of the 2023 bull run. As you can also see, NVDA is currently running into the line that connects the previous two bull run highs…
This isn’t to say that it has to reverse here, but we must consider all factors!
Cheers!
As we know NVDA has been in a major bull run over the last several months. When trying to figure out where it may run out of steam, I began looking at its 2021 bull run to see if there were any similarities. Upon doing so, I analyzed a very interesting similarity between 2021’s bull run to the current.
In 2021, NVDA’s run lasted exactly 273 days before reversing into its bear market. Today marks the 273 day of the 2023 bull run. As you can also see, NVDA is currently running into the line that connects the previous two bull run highs…
This isn’t to say that it has to reverse here, but we must consider all factors!
Cheers!
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Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Get trade alerts with exact entries and exits + daily videos with deep dive technical analysis on stocks, crypto, commodities and options. Find these at VerifiedInvesting.com
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.