NVIDIA Corporation
Long
Updated

Nvidia - This is clearly not the end!

2 674
📐Nvidia (NVDA) will simply rally more:
snapshot

🔎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 (NVDA) is just heading higher:
snapshot

🔎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 (NVDA) is still bullish:
snapshot

🔎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

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.