NVDA is in a multiday uptrend channel and at the bottom of a 30 min rising channel. I foresee move up in the range of 10 - 12 USD of current price levels.
I bought at 140 per share with TP slightly below of an important psychological level of 150. If this is taken out, we could see sharp move up but I don't expect that to happen soon.
I bought at 140 per share with TP slightly below of an important psychological level of 150. If this is taken out, we could see sharp move up but I don't expect that to happen soon.
Note
30 min channel bottom holds the price but I rather like to see more vigorous movement up. There is a resistance in the 143.7-144.2 area and before that is taken out we could see some sell-off. I moved my SL to 140.10 and now the ride up - if it commences - is free. Note
SL hit. Trade returned almost 0 profit. The game is going on. :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.