NVIDIALong
NVDA's final parabolic push is imminent
I contend that the monthly bar chart's historic parabolic is entering into it's final phase with a high-end target of 247.91.
I have plotted a 10 cents=1 bar Gann fan from the Oct '22 low on this daily logarithmic chart. The white line is a sliding parallel to the 1X2 angle. Study the price action in the boxes. Note the multiple touches of the sliding parallel and that the significant downtrend line breaks are the exact same slope! I believe we are seeing history repeat itself. If your target is north of 195, then prepare for a volatile ride based on hopes and dreams which may come true. Reasonable trading targets are in green.
I hope she goes to the moon. If she does, then it will occur more quickly than most believe possible. Imo, NVDA will make new all-time highs and reach it's monthly chart cycle top before July '25. Thankfully, time will tell.
Good luck to all.
I have plotted a 10 cents=1 bar Gann fan from the Oct '22 low on this daily logarithmic chart. The white line is a sliding parallel to the 1X2 angle. Study the price action in the boxes. Note the multiple touches of the sliding parallel and that the significant downtrend line breaks are the exact same slope! I believe we are seeing history repeat itself. If your target is north of 195, then prepare for a volatile ride based on hopes and dreams which may come true. Reasonable trading targets are in green.
I hope she goes to the moon. If she does, then it will occur more quickly than most believe possible. Imo, NVDA will make new all-time highs and reach it's monthly chart cycle top before July '25. Thankfully, time will tell.
Good luck to all.
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