Nvidia - The rally is still not over!

Sep 2

🔌Nvidia (NVDA) still heads much higher:

🔎Analysis summary:

For the past decade, Nvidia has perfectly been respecting a major bullish rising channel formation. Currently, Nvidia is still far away from the upper red resistance trendline, which indicates another potential move higher. Just understand that the trend is your closest friend.

📝Levels to watch:

$200

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

Sep 11

Trade active

🔌Nvidia (NVDA) creates new all time highs:

🔎Analysis summary:

Three months ago, Nvidia created the previous all time high. Now after a rally of about +80% in a couple of months, a bullish consolidation is more than overdue. But eventually with all the bullish momentum, Nvidia will break out once again.

📝Levels to watch:

$200

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

Sep 18

Trade closed: target reached

🔌Nvidia (NVDA) breaks out now:

🔎Analysis summary:

Finally, after a longer term consolidation at the previous all time highs, Nvidia is attempting to break out again. With all the bullish momentum regarding chip stocks, such a breakout remains likely. Nvidia can still rally another +30% from here.

📝Levels to watch:

$200

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