After finding this channel to my liking, I also noticed that today it closed at exactly the price needed to complete a measured move.
Two range expansions will put it at $822
I have no clue what it will do, just observations. I don't trade NVDA.
I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must come back down. It could honestly go to $1000 from here.
Two range expansions will put it at $822
I have no clue what it will do, just observations. I don't trade NVDA.
I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must come back down. It could honestly go to $1000 from here.
Note
It hit its 2 range expansions on the dot at $823.82
Note
Just an observation but after hitting the 2 expansions, it is getting taken to the woodshed now.
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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.