Bouncing nicely off the original trend line dating back to 2013. Might be the boost it needs to break through the ATH.
At the ATH I expect a fake break out followed by the true upside to the upper bound.
We are currently sitting on the original kick-off line dating back to 1993. This line may provide the support for an eventual move towards the 2000 ATH of 98+
A: What is Nvidia?
This is a $200 stock. Thinking we will move up through the flag/wedge we've been forming. Hoping for a reach and ride along the multi-year kickoff trend line used as a stepping stone to potential ATH in the somewhat distant future.
Long @135, looking for 225 at least. Will begin selling 225 covered calls against my position close to the...
Pretty clear long term channels dating back to 2000 and 2003. Plus a steeper near term growth channel has formed between two uptrend lines, confirmed with multiple touches. Looking for SOX to step up into new highs and for much of the past resistance to become support.
(1) - Looks as though this move down may have already occurred this week and we found some...
