Nvidia - Still a correction?
Hello Traders and Investors, today I will take a look at Nvidia.
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Explanation of my video analysis:
Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity.
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Keep your long term vision,
Philip (BasicTrading)
Nota
Seems like Nvidia is not respecting the rules of gravity lol ;)Will be quite interesting to see how the monthly candle closes - resistance ahead...
Nota
Well, what is happening here, any thoughts?Seems like Nvidia is the mother of all bullish price action...
Keep your long term vision.
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basictrading.net
Trading newsletter👇🏻
basictrading.net
Keep your long term vision.
Trading newsletter👇🏻
basictrading.net
Trading newsletter👇🏻
basictrading.net
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