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!
Comment
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Nvidia, NASDAQ:NVDA, has peaked over $2 trillion in market cap today.
Trade closed: target reached
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Nvidia, NASDAQ:NVDA, has reached the 20% profit target, as structure and time goes by I will post updates and new analysis.