On monday 22sept we broke the bullflag/ descending channel and also inverse head and shoulders on the 4hour chart with high volume.
Yesterday we went for a retest of the breakout as expected to 177.6
the 4hours candle closed as a bullish hammer candle.
Todays expectation is nvidia to retest or break its ATH at 184.
If we break 184 today we are lookig at the target of the inverse head and shoulder by end of week wich is 195.
if you look at the rsi ,the rsi is not overbought anymore and made a higher high so no signs of the bears.
Yesterday we went for a retest of the breakout as expected to 177.6
the 4hours candle closed as a bullish hammer candle.
Todays expectation is nvidia to retest or break its ATH at 184.
If we break 184 today we are lookig at the target of the inverse head and shoulder by end of week wich is 195.
if you look at the rsi ,the rsi is not overbought anymore and made a higher high so no signs of the bears.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.