Is NVDA going to break out the top of rising channel? Lets follow!
NVDA is going to battle with top of rising channel once more. Is it able to break it out? I think it will happen soon or later as the pattern of waves suggests. This time? not sure but even if it can not break it out it goes higher but with lower slope comparing to supposed breaking out scenario.
Top of the mentioned channel coincides with 1.618 projection of previous wave which makes it stronger resistance therefore, it is very possible to have at least a correction soon. But who knows? Just look at the jump of TSLA after top of channel break out!
It is worth to note this is not a sell or buy analysis since I am currently in from 212 USD based my own trading strategy however I can surely say that I hold my shares as far as base of the mentioned channel supports the stock.
Good luck everyone.
NVDA is going to battle with top of rising channel once more. Is it able to break it out? I think it will happen soon or later as the pattern of waves suggests. This time? not sure but even if it can not break it out it goes higher but with lower slope comparing to supposed breaking out scenario.
Top of the mentioned channel coincides with 1.618 projection of previous wave which makes it stronger resistance therefore, it is very possible to have at least a correction soon. But who knows? Just look at the jump of TSLA after top of channel break out!
It is worth to note this is not a sell or buy analysis since I am currently in from 212 USD based my own trading strategy however I can surely say that I hold my shares as far as base of the mentioned channel supports the stock.
Good luck everyone.
注释
Broken top of rising channel ?注释
10% Gain in a single day just above top of the broken rising channel ! congrats bulls!
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。