Just analyzed this NVDA setup. We’re seeing a clear rising wedge forming near the top of a strong run-up — typically a bearish reversal pattern. Price tagged $167.89 and pulled back slightly, closing at $164.92.
If this breaks down, watch the $148.67 - 151.31 area, and below that $125 as a key level. Bulls want to see a strong hold and breakout above $168 to invalidate the wedge.
#NVDA #NVIDIA
If this breaks down, watch the $148.67 - 151.31 area, and below that $125 as a key level. Bulls want to see a strong hold and breakout above $168 to invalidate the wedge.
#NVDA #NVIDIA
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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.