NVIDIA Swing Trading Targets

🚀 For swing trading Nvidia (NVDA) in the current market (September 2024), We are optimistic, with price targets ranging between $142 and $160 in the near term. Nvidia's stock is experiencing strong bullish momentum, especially driven by demand for AI chips and a favorable outlook for the tech sector. Here are some relevant points 🚀

🟢 Long Price Targets: We suggest an average target of around $142 with some going as high as $160, reflecting a potential upside of 15-35% from current levels​.

🔴 Short Price Targets: Currently this asset is trading on a crucial zone of $130(Resistance) - $115(Support) with a downside view of $108 and $96

⭐️ Technical Indicators: The technical outlook shows a strong buy rating for Nvidia in the next 1-3 months. Moving averages and oscillators also indicate upward momentum, with support around $115 and potential resistance near $130​.

✅ Given these factors, Nvidia seems favorable for a swing trade as long as key technical levels hold. However, as always with swing trades, be cautious of any market volatility that could disrupt the trend.

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⭐️ Trade what you see not what you assume

⭐️ Follow the trend because trend is your only friend

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Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. 💪

Please NOTE 👉 Levels shared are for Day Trade only.

🚫 Disclaimer 🚫 All information shared here is for educational purposes only, Please conduct thorough research, stay informed about market conditions, and consider their risk tolerance and investment goals when making long-term investment decisions.

Consulting with financial advisors and staying updated with the latest economic and market developments is advisable.. We are not responsible for any profit/loss you make. No Buy Sell Recommended 🚫

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