NVIDIA
Long
Updated

NVIDIA $NVDA - Feb. 22nd, 2024

331
NVIDIA NVDA - Feb. 22nd, 2024

BUY/LONG ZONE (GREEN): $661 - $810
DO NOT TRADE/DNT ZONE (WHITE): $609 - 661
SELL/SHORT ZONE (RED): Not Shown

Weekly: Bullish
Daily: Bullish
4H: Bullish

Not much to say, earnings and momentum speak for themselves, just thought I'd quickly throw up what I have drawn as support areas for bulls and a profit target. The target shown is roughly a +20% gain from the start of the bullish zone where my entry is it. No short zone is drawn as I do not believe something so strongly bullish should be considered for a short at this time.

This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
Note
Nvidia, NVDA, has peaked over $2 trillion in market cap today.
Trade closed: target reached
Nvidia, NVDA, has reached the 20% profit target, as structure and time goes by I will post updates and new analysis.

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