Nathan_Black

NVDA: This is what it needs to EXPLODE. 🚀

NASDAQ:NVDA   NVIDIA Corporation
NVDA is incredibly bullish , however, it is trading at a critical key point;
NVDA just hit a trend line that connects all its previous top levels since Nov 2021;
• What’s more, NVDA is inside a Descending Channel ;
• However, if it breaks this resistance level , NVDA might trigger a long-term bullish reversal structure;
• It would not only break free from a Descending Channel , but would trigger an Inverted Head and Shoulders chart pattern, in the weekly chart;
• This would be the confirmation sign of a bullish reversal on NVDA – however, this pattern wasn’t triggered yet;
• Any top sign under this resistance could easily frustrate the bullish thesis, therefore, we must keep our eyes open;
• I’ll keep you updated on this.

Remember to follow me to keep in touch with my daily analyses!

🔴 MAKING MONEY TOGETHER SINCE 2021 (PUBLIC TRACK RECORD) 💸🚀

🟡 Only 5% of traders make money and beat the market.
JOIN THE TOP 5%: thefinancehydra.com/

🟢 OPTIONS STRATEGIES + TRADING RECOMMENDATIONS + PREMIUM ANALYSES!
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.