NVIDIA in Local Uptrend on the 1-Hour Chart
NVIDIA made a higher high on the 1-hour chart, so we are in a local uptrend. It’s possible that we’ll see a higher low next, and then move up to a new higher high, or we could continue going higher right now.
If tomorrow the 4-hour candle close stays above $126.63 (yellow line) and holds that level, then we’ll have gained that support. In that case, we are back in the big range with the potential to reach $148.
NVIDIA made a higher high on the 1-hour chart, so we are in a local uptrend. It’s possible that we’ll see a higher low next, and then move up to a new higher high, or we could continue going higher right now.
If tomorrow the 4-hour candle close stays above $126.63 (yellow line) and holds that level, then we’ll have gained that support. In that case, we are back in the big range with the potential to reach $148.
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.