$NVDA pull back for steeper jump?

9 Apr

Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.

9 Apr

Nota

It is currently off from Daily uptrend.
Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.

9 Apr

Nota

$800-$785 buy zone.
TP1: $880
TP2: $920
TP3: $970

10 Apr

Nota

A minor pull back.
Insufficient volume to cause retracement back to the bullish trend.

12 Apr

Nota

Let's see if this keeps the bullish trend line.

23 Apr

Nota

TXN price action earning: 6% surge

Price Gap:
$840- upside pivot
$730 - downside pivot

Fair value $820