NVDA Ready to Break Out? Targeting $200

8月19日

NVIDIA (NVDA) has been consolidating inside an upward wedge, and the price action is looking primed for a breakout to the upside. Based on this technical setup, I believe NVDA has the potential to push toward the $200 level. 📈

I’ll walk through the chart, key levels to watch, and why this wedge could be the launchpad for NVDA’s next big move.

👉 What do you think—will NVDA break out or fake out? Drop your thoughts below!
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8月19日

交易开始

This idea was invalidated by a lower high made on the daily time frame. Let's continue to watch the bottom of this channel and see if we can get a break and retest of the channel or if it is a faker and will end up holding to the upside. We need more data and will wait to put out the next post.

8月22日

交易结束：到达目标

NVDA remains very bullish after holding those 169-170 levels. I do believe NVDA will push up to 200, just please be aware of buying at the high points. NVDA was showing strong bears breaking that major channel. I believe they stopped everybody out of their positions breaking the major channel, then banks buy up these discounted prices just to drive price higher past the all time highs.