NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%.Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
ملاحظة
Quick update on Nvidia:Volatility on Nvidia is definitely picking up. We just witnessed a drop of -10% in a couple days, perfectly rejecting the resistance trendline. Just remember that we have another trading week until the monthly candle closes. Be careful!
Levels to watch: $130
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Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
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Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.