Good morning traders, today we want to share our analysis in NVDA.
🔸Needless to say, it is a stock that has been extremely bullish for a long time.
🔸This year, the price had an increase of more than 200%, and with very few corrective processes, one at the beginning of the year with the downside move suffered by most of the assets, and the current correction, which is 25%.
🔸Respecting the bullish vision, we consider that after the current consolidation process, we will see a new upside move, which will again lead to record highs.
🔸Of course, this will be valid only if the price can penetrate the resistance zone, since while it is inside the retracement, we cannot define when the breakout will happen.
🔸The estimated minimum price of increase is 20%, which is the size of the correction range, projected upward.
🔸Needless to say, it is a stock that has been extremely bullish for a long time.
🔸This year, the price had an increase of more than 200%, and with very few corrective processes, one at the beginning of the year with the downside move suffered by most of the assets, and the current correction, which is 25%.
🔸Respecting the bullish vision, we consider that after the current consolidation process, we will see a new upside move, which will again lead to record highs.
🔸Of course, this will be valid only if the price can penetrate the resistance zone, since while it is inside the retracement, we cannot define when the breakout will happen.
🔸The estimated minimum price of increase is 20%, which is the size of the correction range, projected upward.
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.