After finding this channel to my liking, I also noticed that today it closed at exactly the price needed to complete a measured move.
Two range expansions will put it at $822
I have no clue what it will do, just observations. I don't trade NVDA.
I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must come back down. It could honestly go to $1000 from here.
Two range expansions will put it at $822
I have no clue what it will do, just observations. I don't trade NVDA.
I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must come back down. It could honestly go to $1000 from here.
Comment:
Just an observation but after hitting the 2 expansions, it is getting taken to the woodshed now.
It hit its 2 range expansions on the dot at $823.82