NVDIA Don't miss this opportunity. Can even reach $240.

לפני 16 שעות

NVDIA (NVDA) gave us the most solid buy entry back on our August 08 signal (see chart below), following a -35% decline:

Such declines are standard technical buy opportunities especially when taken place at the bottom (Higher Lows trend-line) of the 2-year Channel Up (since October 2022). As you can see, the stock made new All Time Highs (ATH) and as it remains below the middle of the Channel, the upwards potential is significant.

As long as the 1D MA200 (orange trend-line) supports, we remain bullish on our original long-term Target ($190.00) but now we feel confident to target by the start of 2025 the upper layer of the pattern, setting Target 2 at $240.00 (Fibonacci extension 3.0).

Note also that, as mentioned on our previous analysis, the current Bullish Leg continues to look very similar to the one that bottomed on October 2022. This is also evident on their 1D RSI fractals.

-------------------------------------------------------------------------------

** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **

-------------------------------------------------------------------------------

💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇