Nvidia - Squeezing every single bear!

Oct 28

🧯NVidia (NVDA) is finally breaking out:

🔎Analysis summary:

Over the course of the past couple of months, Nvidia has been rallying +125%. Considering the market cap of Nvidia, this is already an insane move but clearly not the end. We can still see another +25% from here, before Nvidia will then retest the next resistance.

📝Levels to watch:

$250

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Nov 6

Trade active

🧯Nvidia (NVDA) is just collapsing:

🔎Analysis summary:

Well, after all this bullish rally, it seems like Nvidia is slowly starting to actually shift bearish. Just keep in mind though that major reversals really take a long time. Therefore another final move higher in the near future is quite expected, followed by a reversal.

📝Levels to watch:

$200

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Nov 13

Trade closed: target reached

🧯Nvidia (NVDA) clearly shifts bearish:

🔎Analysis summary:

At this exact moment, Nvidia is starting to actually create a major reversal. While we are currently witnessing a -8% monthly candle, this does not seem to be the end. If Nvidia creates bearish confirmation soon, we could be heading for another -25% move lower.

📝Levels to watch:

$200

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION