NVDA has formed a the Cup and Handle Pattern
Hi Traders!
NVDA is showcasing a Cup and Handle Pattern, indicative of bullish momentum. A key watch is for a stable break above $485.5, surpassing the 9 EMA. Successful positioning above this level could propel the stock towards the $492 mark. Such a breakout might attract early buyers, anticipating a significant rally, potentially beyond the $500 threshold. Stay tuned for pivotal moves!
NVDA is showcasing a Cup and Handle Pattern, indicative of bullish momentum. A key watch is for a stable break above $485.5, surpassing the 9 EMA. Successful positioning above this level could propel the stock towards the $492 mark. Such a breakout might attract early buyers, anticipating a significant rally, potentially beyond the $500 threshold. Stay tuned for pivotal moves!
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