Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NASDAQ:NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.
Comment
⋅
It is currently off from Daily uptrend. Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.
Comment
⋅
$800-$785 buy zone. TP1: $880 TP2: $920 TP3: $970
Comment
⋅
A minor pull back. Insufficient volume to cause retracement back to the bullish trend.
anything below $850 is a buy zone. LT price target is $1000 before the next earnings release in 43 days
Kim_CLSPX
⋅
@vikrambhatia, If you are willing to hold as much as it need then yes, but that is not the goal of trading mate. The goal is to minimize the risk of losing. Yet, I agree with you.
Kim_CLSPX
⋅
`
Solaire-chartmeister
⋅
Last time everyone was pointing out a H and S top it failed and sparked a massive run.