Hello Traders, welcome to today's analysis of Nvidia.
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Explanation of my video analysis:
All the way back in 2014 Nvidia broke out of the long term symmetrical triangle formation and entered a crazy bullrun. With the current channel formation on Nvidia, there is a high chance this stock will push higher even more to retest the upper resistance mentioned in my analysis.
From there I do expect a correction which could be similar to the one of 2022.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
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Explanation of my video analysis:
All the way back in 2014 Nvidia broke out of the long term symmetrical triangle formation and entered a crazy bullrun. With the current channel formation on Nvidia, there is a high chance this stock will push higher even more to retest the upper resistance mentioned in my analysis.
From there I do expect a correction which could be similar to the one of 2022.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.