NVIDIA
Long
Updated

NVDA - Cup and handle pattern breakout

2 351
What we can see on the chart is a cup and handle pattern. The price is just breaking out so it's a time to take a long position.

Target: 269 $

MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA.

Moreover, the price has been on a higher lows trajectory. Easy long.

Good luck
Trade active
breakout
Note
the price retested the previous resistance as a support. textbook bullish behaviour . More upside!
Note
Uptrend continues. Wait patiently for a target!
Note
so far so good
Trade closed: target reached
final target reached . Congratulations

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