NVDA is showing good price action as it forms higher highs and higher lows. Now, it is sitting above MA20 after its pullback. Possible upside is around 8% from its historical resistance.
Good technical analysis, but seasonality worked against it. NVDA is down today and possibly down more next week as people liquidate positions ahead of options expiration next Friday.
anses07
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@chriscarrollsmith, yep, let's see in the coming days. As for my own bias, it tells me NVDA is still gonna go up. Anyway, my stop loss level is at 141 level if my strategy doesn't work out :)