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NVIDIA

Strong Consolidation

By Kat_Paws
Updated
NVDA is currently in strong consolidation, and I’m watching for a breakout above the blue trend line to enter long. The stock remains in a strong uptrend, holding above the 200MA. I’m also prepared for a bearish outlook if the price breaks below the pink trend line. I’m patiently waiting for confirmation to initiate a swing trade.
Trade active
Price breakout above the blue trend line
Technical IndicatorsTrend Analysis
Kat_Paws

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