According to my technical analysis, NVDA is on its way of retesting 100D EMA, 200D EMA and complete the head-and-shoulder pattern. This retracement is possibly stop at 127-130. Once the retest is complete, further correction will follow. I marked the possible gaps that needs to be filled, the nearest gap first. However, depending on the macro market environment and NVDA's performance, not all the gaps have to be filled.
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Disclaimer
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.