NVIDIA formed a text book version of Head and Shoulder Pattern
Updated
I am surprised and not sure but the technical pattern on NVIDIA is very very clear, it has formed a perfect Head & Shoulder Pattern. As per H&S Pattern the price target is around $314. This does not seem to be true if you look at fundamentals, they are fully sold out for their high end GPUs for this year. But you never know, the technical pattern includes all market conditions!!!
Trade closed: stop reached
Looks like NVDIA will close the gap some other time.
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