AT: -Wedge -Strong demand zone -The trend line has been broken. -Waiting for pullback & retest.
Fundamentals: NVIDIA has shown its latest version of the rtx 3080 card, showing its development power when it comes to creating technology.
This has been the fastest and most efficient graphics card ever created, putting NVIDIA at the forefront of technology as the creator of the best graphics card in the world.
As a result, NVIDIA's revenues have been impacted and market sentiment appears to be very favorable.
We will look for a purchase in this setup until it meets or invalidates the chart.
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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.