NVDA 1M:
2016 - Price formed "U" at/below previous ATH. Slow Stochastic hit overbought then formed "U". Price then broke the ATH and the following bull run lasted 2.4 years and returned 600%+.
2020 - Price formed "U" at/below previous ATH. Slow Stochastic hit overbought then formed "U". Price then broke the ATH.
The 2020 NVDA chart + indicators share many similarities to 2016 NVDA. Is this the start of a multiyear bull run for NVDA?
Link to my previous NVDA charts below.
2016 - Price formed "U" at/below previous ATH. Slow Stochastic hit overbought then formed "U". Price then broke the ATH and the following bull run lasted 2.4 years and returned 600%+.
2020 - Price formed "U" at/below previous ATH. Slow Stochastic hit overbought then formed "U". Price then broke the ATH.
The 2020 NVDA chart + indicators share many similarities to 2016 NVDA. Is this the start of a multiyear bull run for NVDA?
Link to my previous NVDA charts below.
Trade active:
T2: $486
T3: $581
T4: $639