NVDA approaching significant support
NVIDIA Inc. (NVDA) approaching significant long-term channel support, able to absorb monthly selling pressures.
From here (NVDA) can turn higher and push to new highs over the following 2 - 3 months.
A settlement above a near-term resistance level would accelerate this process.
Inversely, if a weekly settlement below channel support occurs, this places (NVDA) into a sell signal where losses of 20 - 25% would be expected over the following 3 - 5 months.
From here (NVDA) can turn higher and push to new highs over the following 2 - 3 months.
A settlement above a near-term resistance level would accelerate this process.
Inversely, if a weekly settlement below channel support occurs, this places (NVDA) into a sell signal where losses of 20 - 25% would be expected over the following 3 - 5 months.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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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.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.