NVIDIA (NVDA) stock is experiencing slight volatility, trading around $212-$216, after recently hitting record highs and $5.2 trillion market cap. shares dipped slightly following reports of potential AI sector demand concerns, but momentum remains strong, fueled by sustained AI infrastructure demand.
Technical outlook:
Few days ago, stock broke above principle resistance around $210-$211, levels. price is seen extending it's bullish move gradually after a little pullback of breakout, in respect of the structure. we are anticipating a new time at this point, as demand strengthens.
Key points:
More buy confirmation at this level, signals a continuous rise eyeing $220-$225, as next potential bullish.
Thanks for reading.
Technical outlook:
Few days ago, stock broke above principle resistance around $210-$211, levels. price is seen extending it's bullish move gradually after a little pullback of breakout, in respect of the structure. we are anticipating a new time at this point, as demand strengthens.
Key points:
More buy confirmation at this level, signals a continuous rise eyeing $220-$225, as next potential bullish.
Thanks for reading.
Trade active
NVIDIA is approaching $225, just as I predicted.Stay tune guy's
Trade closed: target reached
Target achieved!Thank you for following
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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.
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.