- NVDA is in a rising trend channel in the medium long term.
- NVDA is moving within a rectangle formation between support at 262 and resistance at 279.
- A decisive break through one of these levels indicates the new direction for the stock.
- NVDA has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 178.
- Further rise to 300 or more is signaled.
- NVDA is approaching's resistance at 290, which may give a negative reaction.
- However, a break upwards through 290 will be a positive signal.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
- NVDA is moving within a rectangle formation between support at 262 and resistance at 279.
- A decisive break through one of these levels indicates the new direction for the stock.
- NVDA has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 178.
- Further rise to 300 or more is signaled.
- NVDA is approaching's resistance at 290, which may give a negative reaction.
- However, a break upwards through 290 will be a positive signal.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
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Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
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Disclaimer
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The most profitable U.S. Stock VIP Signals Provider in Telegram Channel | Check our latest product updates: bit.ly/wavepoint-vip |
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
For more info:
Telegram: t.me/Wel_99
X: x.com/wavepoint99
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.