Triple bottom pattern bouncing close to the 200EMA
Price has broken downtrend resistance
Price is now above the 50EMA and 200EMA
Could be the beginning of an uptrend
Risk : Tech based company. Fundamentally strong but supply chain may limit growth.Overall NVIDIA is fairly priced but can outgrow its growth rate very quickly
*Disclaimer : This is for educational purposes and does not serve as a signal to buy.
Price has broken downtrend resistance
Price is now above the 50EMA and 200EMA
Could be the beginning of an uptrend
Risk : Tech based company. Fundamentally strong but supply chain may limit growth.Overall NVIDIA is fairly priced but can outgrow its growth rate very quickly
*Disclaimer : This is for educational purposes and does not serve as a signal to buy.
Trade closed: target reached
Achieved TP at 12% gains. Sold half of holdings
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.
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.