📐Nvidia (
NVDA) will simply rally more:
🔎Analysis summary:
📝Levels to watch:
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
🔎Analysis summary:
Yes, over the past couple of months, Nvidia has been rallying another +100%. But looking at the higher timeframe, this is still not the end of the unbelievable bullrun. Following the rising channel pattern, Nvidia can rally another +20% before we might see a potential retracement.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade active
📐Nvidia (🔎Analysis summary:
After creating continuous all time highs over the past couple of months, Nvidia still continues with its underlying bullrun. Following this strength there is a very high chance that Nvidia will rally much higher, eventually retesting the trendline.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Trade closed: target reached
📐Nvidia (🔎Analysis summary:
As we are speaking, Nvidia is creating a minor short term correction on the smaller timeframe. However, considering the underlying bullrun, this is not a reason to freak out. Corrections are always expected, especially after a +100% rally.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
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Related publications
Disclaimer
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