NVDA Retrace
Zaktualizowano
Price has had a great run up ... now appears price is at the fib extension 2.272% and a retrace back to the major trendline may be in order.
Also review the Stochastic RSI and RSI on the Monthly; confirmation may be when the lines cross down thru the 80% level.
Also review the Stochastic RSI and RSI on the Monthly; confirmation may be when the lines cross down thru the 80% level.
Uwaga
As expected, NVDA trended down; minus $22.90 for the week of 9/18 - 9/22.Uwaga
Down trend continues ...Uwaga
NVDA reversing course after finding support ... if confirmation continues and price continues trending up and breaks $500, expecting more upside. DYOR NFA This is also in alignment with the IXIC bullish H&S pattern as well.Uwaga
Daily close above $500; enough said.Uwaga
NVDA price extending above resistance ... more upside potential is expected.Uwaga
NVDA is a major component of the IXIC just like FI (Fiserv) and both appear to be in significantly correlative bullish patterns right now. Enjoy the run.Uwaga
NVDA breakout ... expected next target per the channel pattern is in the zone of $1,850/share.
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