NVDA is at a previous yearly high, with an attempt to break out and above that prior high. There has been heavy Dark Pool Quiet Rotation™, as well as Smaller Funds buying activity in recent months.
$NVDA continues to print lower hights.
NVDA has turned above the extreme low of the early bottom formation. This is a sign of strength. The stock also has some Dark Pool Quiet Rotation™ going on at this level.
Nvidia has bounced up from a slightly higher low than its previous low. This may result in a bottom formation developing slowly over this summer.
Prior to trade talk resumes, Nvidia is seen here to be expected to consolidate further before it bulls run. US Recession signals are still being digested by the market as 3 month and 10 year yield curve inversion leads to global equity sell off. US Tech industry is expected to further consolidate as markets anticipate the outcome of trade talk. Trade talks have...
When price reaches $148 or higher Going long with 3 possible targets marked
I entered long NVIDIA Corporation based off this bullish engulfing candle after the retest, indicators showing oversold and upside potential. As always, price action can move against you regardless of how well indicators stack up. Risk management is key in protecting capital. Not financial advice.