NVIDIA
Long

NVDA breakout

After theta killing numerous contracts, NVDA seems to be finally breaking out from its descending triangle. It broke out and retested the trendline perfectly, a good case for longs. If we see some continuation here, the first target will be 537.9. The stop will be placed upon the BASE of the triangle which is in the 515 range. This stock can be very slow at times and premiums are expensive, so be sure to position correctly
Chart PatternsTrend Analysis

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