Have you noticed Nvidia's Range? Waiting on a decision...
The price continues to fluctuate, but not even the latest earnings report has been able to break out of this sideways channel (range) shown in the analysis.
Nvidia is a powerhouse when it comes to its earnings reports, and while the price does fluctuate, it hasn’t done so with the same aggressiveness seen in previous months.
At this point, we’re simply waiting for a decision—either wait for the price to break out of the channel, or, if you want to be more aggressive, look for the price to touch the demand zone to go long. You could do the opposite in the supply zone, but I don’t recommend it, as the overall structure remains bullish.
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Nvidia is a powerhouse when it comes to its earnings reports, and while the price does fluctuate, it hasn’t done so with the same aggressiveness seen in previous months.
At this point, we’re simply waiting for a decision—either wait for the price to break out of the channel, or, if you want to be more aggressive, look for the price to touch the demand zone to go long. You could do the opposite in the supply zone, but I don’t recommend it, as the overall structure remains bullish.
Thank you for supporting my analysis.
TRADE SAFE!
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