NVIDIASingkat
Congrats Bulls - Thank You
Honestly that was impressive, perfect opportunity here to capture at least 150 points of downside.
Chart is self explanetory but updated from my last post to include trendlines from the 2019 run that led into the Feb 2020 covid crash. Fractal to this in an eerie way, NVDA gapped on an earnings to become overextended back then and dropped to test initial breakout support. If that happens again here that support (and ultimate target) will be upper 180s. This could happen fast in a dangerous environment, which we have coming up next week (target of 189 by end of June 2023).
Best case for bulls here is a typical pullback to test 250s-260s, would happen over a longer time frame. Sell zone is 377-411, breakdown level is lower 360s.
Lets go.
Chart is self explanetory but updated from my last post to include trendlines from the 2019 run that led into the Feb 2020 covid crash. Fractal to this in an eerie way, NVDA gapped on an earnings to become overextended back then and dropped to test initial breakout support. If that happens again here that support (and ultimate target) will be upper 180s. This could happen fast in a dangerous environment, which we have coming up next week (target of 189 by end of June 2023).
Best case for bulls here is a typical pullback to test 250s-260s, would happen over a longer time frame. Sell zone is 377-411, breakdown level is lower 360s.
Lets go.
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.
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.