Nvdalong
NVDA Buy for long term appreciationNVDA has formed a perfect double bottom on the weekly and daily TF.
Semiconductors are performing well after truce between US-China trade wars.
Enter at current price for a nice 1:3 risk-reward ratio, or wait further retracement towards major support of 120 for a much bigger risk-reward.
TAYOR
Daily NVDA forecast timing analysis by Supply-Demand strength24-Jun
Investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View a Forecast Candlestick Shape Analysis of 10 days in the future: www.pretiming.com
(You can easily create a trading plan.)
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 4.0% (HIGH) ~ 0.2% (LOW), 2.5% (CLOSE)
%AVG in case of rising: 2.8% (HIGH) ~ -0.5% (LOW), 2.0% (CLOSE)
%AVG in case of falling: 1.2% (HIGH) ~ -2.5% (LOW), -1.2% (CLOSE)
Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
NVDA bargain entry at $120 in a week?NVDA showing sellers not happy with earnings growth announcement for GPU, however relates to trade war and slump in electronics.
This could be great bargain watch as GPU need for AI, self-driving cars, and many other high growth tech area's. Watch or short.
Sell or Hold, what's your thoughts? $138 sell for lower entry on DPO day chart. await LONG opportunity, market giving many lessons.