Strong negativ trend detected! -> 90 day average will cut 180 day average downward soon, which is a strong signal to sell Target -> around 400$
Testing resistance line Oversold now and ready for a second run
Nvidia ready for outbreak, testing resistance line -> target 600$ Indicators look favorable
Looking great for another run... it broke the resistance line and stochastics are in the underbought zone.
NVIDIA just confirmed its latest breakout, as it managed to break a resistance line and hence converted it into a support line. Therefore, everything looks good for another breakout to reach a new all time high.
If NVIDIA manages to close above the indicated line, a further increase of the stock-price would be possible.
Nvidia is below the resistance line, if it manages to break it, we will see a major rise in the stock price.
Since yesterday I am short on NVIDIA because it did not manage to break a major resistance line and broke a support line too on its way down. Be careful should find support near 98$ zone otherwise could lose more ground
LONG SIGNAL detected on NVIDIA stock today It managed to stay above the support line and stochastic's are at a very good level as well for an entry point
Due to the recent breakout I am bullish on the stock again
The future short-term performance of the NVIDIA stock will be decided in the next couple of days... If Nvidia is going to break the support line we are going to see a major pullback, otherwise it could reach a target near 108$
I am still bullish at NVIDIA stock ahead of earnings, that are reported on 02/09/2017 Have a look also at my previous idea about NVIDIA:
I am still bullish at NVIDIA stock ahead of earnings, that are reported on 02/09/2017 Have a look also at my previous idea about NVIDIA:
Confirmed long channel and hence a good chance that we see an increase.