NVDA approaching significant support
NVIDIA Inc. (NVDA) approaching significant long-term channel support, able to absorb monthly selling pressures.
From here (NVDA) can turn higher and push to new highs over the following 2 - 3 months.
A settlement above a near-term resistance level would accelerate this process.
Inversely, if a weekly settlement below channel support occurs, this places (NVDA) into a sell signal where losses of 20 - 25% would be expected over the following 3 - 5 months.
From here (NVDA) can turn higher and push to new highs over the following 2 - 3 months.
A settlement above a near-term resistance level would accelerate this process.
Inversely, if a weekly settlement below channel support occurs, this places (NVDA) into a sell signal where losses of 20 - 25% would be expected over the following 3 - 5 months.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.