NVDA is looking like it wants to go a tad higher, based on the chart alone. Though I am not confident it's going to go for the high targets.
If you are going to trade it, I would def take profits when you're up on this one because, while overall the momentum is bullish, its not very convincing.
That said, this will probably make an attempt at re-testing ATHs before EOY. So if we do get a dip, I would be long-biased.
watch those conditionals, if you followed my NVDA ideas for some time, you will know by now NVDA generally gets right to the point with those conditionals, so let's see what happens! haha
Safe trades everyone!
If you are going to trade it, I would def take profits when you're up on this one because, while overall the momentum is bullish, its not very convincing.
That said, this will probably make an attempt at re-testing ATHs before EOY. So if we do get a dip, I would be long-biased.
watch those conditionals, if you followed my NVDA ideas for some time, you will know by now NVDA generally gets right to the point with those conditionals, so let's see what happens! haha
Safe trades everyone!
Dagangan ditutup: sasaran tercapai
We moved back to the threshold as I indicated above and kind of lingered there for most of the day. Kind of a rangey day today across the board Though it does seem that htis may make an honest attempt at bouncing to the high targets.
Its definetly not bearish, we have a very strong hold of the conditional levels. So we will see what happens. Though you know what is more worthwhile right now than NVDA? ITs actually AMD. It has been pumping nonstop for the psat 2 weeks. It may make for a better play and its not really following the rangeyness that most tech stocks are kind of victim to right now.
Current Outlook for NVDA: Slight bullish, likely tag of PH1 if we continue holding conditions into tomorrow open.
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Get:
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- Live Updates,
- Discord access,
- Access to my Proprietary Merlin Software,
- Access to premium indicators,
patreon.com/steversteves
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.