NVIDIA
Long

NVDA Finally Breaksout

Price broke higher from the consolidation area in play since the 4th of June. For the past week price has traded within 690 to 701 and provided good opportunities to play both sides of the market.

Open drive in Fridays early trading took price beyond the established range to make a new high of 709.30

A short pullback to test the upper range of the boundary presented the only opportunity to join in the move higher.

Has price found the legs to proceed higher in next week's trading?
NVDAnvdalongTrend Analysis

Also on:

Disclaimer