NVDA tested the support line, made a false breakdown.
In addition, news that NVDA got picked by NIO for its self-driving solution. [CATALYST]
We are after a period of balance.
All of this supports that a strong move up is possible.
Also, this pattern is very similar to AMD, before it made its huge move up...
Stop loss @ 504.96
if it gets there, there is a strong possibility that the false break-down was a CRACK, and the stock will make a large correction.
In addition, news that NVDA got picked by NIO for its self-driving solution. [CATALYST]
We are after a period of balance.
All of this supports that a strong move up is possible.
Also, this pattern is very similar to AMD, before it made its huge move up...
Stop loss @ 504.96
if it gets there, there is a strong possibility that the false break-down was a CRACK, and the stock will make a large correction.
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🧪 Feel confident with science and logic
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🧪 Feel confident with science and logic
💰 Trade your way to success and freedom
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.
🏆 There is only #1 way to trading
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom
🧪 Feel confident with science and logic
💰 Trade your way to success and freedom
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.