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.
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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➢ FREE PREMIUM Trades + Top Results
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
t.me/anandatrades/1183
➢ FREE Quality Content + New Results
t.me/masteranandatrades/6172
➢ Go beyond! PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
Related publications
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.