NVIDIA
Long

NVDA rallied today with consistent strong volume

290
After a good cpi report NVDA rallied with momentum giving clues of more rallying to come

  • Rally stayed under resistance level which indicates for a sustained rally
  • Volume increased and remained steady during rally
  • RSI broke above 50 going into bullish zone. Hopefully SMA will follow
  • NVDA has started to form long term downward trend that began back in July. We need to watch out for this zone as a take profit area


Overall we expect the rally to continue.

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