Breakout & Follow Through
Hello traders, looking at the pre-market price, NVIDIA looks like gaping up meaning a breakout of the triangle illustrated in the chart. If this to play out, expect the stock to tackle $535 - $545 zone followed by ATH around $580. I see this as a low risk trade considering the strong trend of this stock and as usual; the trend is your friend till the end. Place your SL below $500.
Please share your thoughts and if you like this idea, please like and follow.
Good luck!
Please share your thoughts and if you like this idea, please like and follow.
Good luck!
Note
1st target met
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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.