11/08/2024 NVDA harmonic pattern
Updated
Hello traders,
It appears that NVDA has reached its peak according to harmonic pattern analysis. The daily chart illustrates a beautiful butterfly pattern that could possibly signal a reversal from the $150 area. If it declines from here, we might see $90 in the first quarter of next year.
Good luck, and may trends be with you.
It appears that NVDA has reached its peak according to harmonic pattern analysis. The daily chart illustrates a beautiful butterfly pattern that could possibly signal a reversal from the $150 area. If it declines from here, we might see $90 in the first quarter of next year.
Good luck, and may trends be with you.
Trade active
Bought $142 put exp 11/22Trade closed: target reached
sold option reached my initial target. I am planning to buy a long straddle before the earning date.
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.