NVIDIA
Long

Nvidia —Resistance Turns Support Support Confirmed—ATH 260-194

1 207
This week closes as a full green candle. A rising window or gap was left along the way. This is a bullish development.

The full green candle comes after a rounded bottom and double-bottom long-term. Coming from a resistance level turned strong long-term support.

Keeping it simple, NVDA has been rising and the chart shows potential for additional growth. There can be retraces and corrections; Any retraces and corrections are an opportunity to buy-up, rebuy and reload.

In the case of a strong correction, always, we will end up with a higher low compared to the 7-April weekly session. This session marks the bottom of the correction.

A higher low means the bullish structure remains intact. A bullish structure means a bullish trend. A bullish trend means rising prices which will end up with a new All-Time High in late 2025.

Two new All-Time Highs possible and highly probable in 2025. 194 (mid-term) & 260 (long-term).

Thank you for reading.
Support boost and follow.

Namaste.

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