NVDA - Cup and handle pattern breakout
Updated
What we can see on the chart is a cup and handle pattern. The price is just breaking out so it's a time to take a long position.
Target: 269 $
MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA.
Moreover, the price has been on a higher lows trajectory. Easy long.
Good luck
Target: 269 $
MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA.
Moreover, the price has been on a higher lows trajectory. Easy long.
Good luck
Trade active
breakoutNote
the price retested the previous resistance as a support. textbook bullish behaviour . More upside!Note
Uptrend continues. Wait patiently for a target!Note
so far so goodTrade closed: target reached
final target reached . Congratulations
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