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maikisch
Apr 12, 2024 1:58 PM

Nvidia may have topped in it's corrective retrace 

NVIDIA CorporationNASDAQ

Description

Price has entered and exited the target box for this retracement. Although price could try to get higher in the target box, only a move that breaches the recent low of $830 will signal a confirmed top that could be long term in nature.

Best to all,

Chris
Comments
vikrambhatia
NVDA will only adjust for today after 2 days of run-up. A bit of profit taking is expected, but it will be back on its upward trajectory next week to hit the 1k mark before April end and earnings release. Get it today, if you see it down and ride the upward swing next few days before the earnings release. my 2 cents!!
maikisch
@vikrambhatia if you say so.
jjj369
I hope so
Steversteves
@vikrambhatia, Seems like you're going to need to keep that 2 cents after being long this week...... RIP
maikisch
Steversteves
@maikisch, also great call @maikisch ! Interested in seeing where you think it goes to next!
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