NVIDIA Corporation
Long

NVDA, false break-down & catalyst

288
NVDA tested the support line, made a false breakdown.
In addition, news that NVDA got picked by NIO for its self-driving solution. [CATALYST]
We are after a period of balance.

All of this supports that a strong move up is possible.
Also, this pattern is very similar to AMD, before it made its huge move up...

Stop loss @ 504.96
if it gets there, there is a strong possibility that the false break-down was a CRACK, and the stock will make a large correction.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.