NVDIA Buying confirmed. $510 is the target.

5 באוק׳ 2023

NVDIA is making the 2nd test of the 1day MA50 today under a 1day MACD Bullish Cross, the first formed that low since January 10th 2023.

We have used this Fibonacci Channel for our previous trade (chart at the bottom) and we will stick to that, as the price is rising after a Higher Low.

We may see a diverging Channel Up however, keep that in mind.

Once the price closes over the 1day MA50 buy and target 510 (+24.30% rise).

Previous chart:

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