Where we have this "V Shaped" pattern but we can also draw a Cup & Handle, try it on the weekly timeframe and you will see.
I did an analysis for NVIDIA 9-Dec-2022 and it is still valid, I guess I was early but trading wise, nothing happened other than waiting.
Here is the chart:
As the previous analysis is still valid my view stays the same... NVDA to the Moon!
Namaste.
I did an analysis for NVIDIA 9-Dec-2022 and it is still valid, I guess I was early but trading wise, nothing happened other than waiting.
Here is the chart:
As the previous analysis is still valid my view stays the same... NVDA to the Moon!
Namaste.
Note
The first target hit by $1 on the week of 6-March.The first target was set at $245.03 and Nvidia peaked at $244.54.
It can continue growing and we have another target at $329.
Note
The next target at 329 was also hit as well as the 414 target.Nvidia peaked short of the last target at 498.
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Related publications
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.