NVIDIA is trading inside a Channel Up with the MA50 (1h) in firm support. The price is approaching that level and of course the bottom of the Channel Up, which is a technical buy entry.
Trading Plan: 1. Buy on the current market price.
Targets: 1. 153.15 (Resistance 1).
Tips: 1. The RSI (1h) is testing Support (1) formed on the January 16th Low, which was a higher low for the Channel Up.
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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.