$NVDA pull back for steeper jump?

9 באפר׳ 2024

Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.

9 באפר׳ 2024

הערה

It is currently off from Daily uptrend.
Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.

9 באפר׳ 2024

הערה

$800-$785 buy zone.
TP1: $880
TP2: $920
TP3: $970

10 באפר׳ 2024

הערה

A minor pull back.
Insufficient volume to cause retracement back to the bullish trend.

12 באפר׳ 2024

הערה

Let's see if this keeps the bullish trend line.

23 באפר׳ 2024

הערה

TXN price action earning: 6% surge

Price Gap:
$840- upside pivot
$730 - downside pivot

Fair value $820