basictradingtv

Nvidia - Another push higher from here?

Long
BATS:NVDA   NVIDIA
Hello Traders and Investors, today I will take a look at Nvidia.

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Explanation of my video analysis:

Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the upper resistance but we might see a retest of the psychological $1.000 level first and then a correction.

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Keep your long term vision,
Philip (BasicTrading)

👇Learn how to swing-trade👇

www.basictrading.net/elite-program

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Keep your long term vision.
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