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Nvdalong

NVDA Finally BreaksoutPrice broke higher from the consolidation area in play since the 4th of June. For the past week price has traded within 690 to 701 and provided good opportunities to play both sides of the market. Open drive in Fridays early trading took price beyond the established range to make a new high of 709.30 A short pullback to test the upper range of the boundary presented the only opportunity to join in the move higher. Has price found the legs to proceed higher in next week's trading?
NASDAQ:NVDALong
by samanyangawrites
NVDA channel.We see a long-term channel (purple lines). It started in 2016. In October 2018, it was broken. Then the "Diamond" model was formed. And the growth began until March 2020. Then the price of April 2020 pushed off from the support of the "diamond" and took a course sharply up to rejoin the old purple trend. Today we are near the trend resistance, the peak growth is limited to $620-630 and the stabilization in the range of $605-615 at best. In the worst case, close to the day of the report, the price will draw something similar to the "Double Top" model and, breaking through the "neck" level, will go down to the support of the channel - to $525.
NASDAQ:NVDA
by Dr_Chester
2
NVDA 11/16 Earnings Run and LongNVDA is one of my favorite stocks. As for the earnings run I couldn't tell you if it will pump or dump after we hear earnings but here is why I like this stock for the following week: 1)MACD hit below -15.00. If we look at the last time it did that we had a month long bull run of +$100. The big unknown is earnings. 2)The support and resistance wedge is getting smaller just in time for earnings. We could be following either green line support. we will see as the week begins.
NASDAQ:NVDALong
by Bye_Shai