NVDA Set to Test ATH
NVDA is set to complete another bullish ABCD triangle within its skew-up parallel channel. The last time we had an upward C phase with a gap in the daily was back in January. Expect NVDA to test $285 and up to $290 if it breaks through. Sharp resistance is expected around $290 and beyond - the farther it extends beyond $290 the greater the severity of the correction.
Short term bullish, medium term bearish, long term bullish. Only playing with vertical spreads using a bounded-range strategy.
Short term bullish, medium term bearish, long term bullish. Only playing with vertical spreads using a bounded-range strategy.
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