NVDA in my opinion is extremely overvalued, and this rising wedge is the technical nail in this stock's proverbial coffin. the two target prices are labeled on the chart; I'm more inclined to think it will reach $104 because it's a longer term support level.trade at your own risk.
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broke out above the wedge. the fact that everyone is ignoring this reversal signal shows how overhyped and overvalued this stock is.
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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.