NVIDIA lower channel retesting, possible bull run to 591$
Possible NVIDIA bull run after bouncing the lower boundary of the 2020 channel. This channel provided great results this year and I'm betting it will bounce once again. It worked 3 times already, why shouldnt a 4th one?
See chart. Final target to be reached before earnings in 20 days. Careful since it may need a clear strong bull market signal to actuall rocket.
PT 1 intermediate:550$
PT 2: 570$
PT final: 591$
Stop loss if it breaks the big channel or if market crash hard due to USA elections.
See chart. Final target to be reached before earnings in 20 days. Careful since it may need a clear strong bull market signal to actuall rocket.
PT 1 intermediate:550$
PT 2: 570$
PT final: 591$
Stop loss if it breaks the big channel or if market crash hard due to USA elections.
Trade closed: target reached
TARGET 1, TARGET 2 REACHEDNote
TARGET 3 before earnings
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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.
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.