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ROTHLAND1
Mar 26, 2024 2:16 AM

NVDA .....Potential cup & handle coming in the next week or two. 

NVIDIA CorporationNASDAQ

Description

I'm keeping an eye on NASDAQ:NVDA for a potential Cup & Handle. Watching for a pull-back from today's high then back up to retest the $970's. A bounce off of the 20-day SMA might be the catalyst to push this stock to all-time highs. If it falls through the 20-day SMA, look for it to revisit $826 or the $788 level. Happy Hunting!
Comments
Alphamoney870
you are reaching in my opinion, drawing it doesn't make it true
ROTHLAND1
@Alphamoney870, both scenarios are covered, up and down. I'll be ready to trade on what the market presents.
empire4653
I see it forming on the 4hr for sure
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
paydayboyohboy
Considering to roll my 4/26 call @935
ROTHLAND1
@paydayboyohboy I'm waiting to see if it bounces around the middle Bollinger Band or plunges down more.
paydayboyohboy
@ROTHLAND1, It stay around 900 for too long. I believe it is wise to stop loss and wait for the bounce, if it is really happening.
snipers
OOOO I Hope so! Thanks for the TA
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