NVIDIA is completing an ABC correction after the recent top. Price is now sitting on a strong support area around 174–177, where multiple Fibonacci levels and a long-term trendline meet.
If this zone holds, NVDA may start a new move up toward 182–194.
If it breaks below 174, deeper levels like 164 become possible.
Watching for a reaction here to confirm the next direction.
If this zone holds, NVDA may start a new move up toward 182–194.
If it breaks below 174, deeper levels like 164 become possible.
Watching for a reaction here to confirm the next direction.
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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.
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.