NVIDIA stock (NASDAQ: NVIDIA) is currently trading in the upper $190-$194 range, stabilizing after recent tech sector volatility. Recent news is dominated by Nvidia's expansion into open AI integration for government systems, robust recent earnings showing an 85% year over year revenue jump to $81.62 billion, and strong consensus from analysts to Buy.
Technical outlook:
Stock is positioned on a downward channel in respect of the structure, trending on lower lows and highs for a couple of weeks now. Price is having a partial little, at the support trendline. We anticipating a short term buy pullback at this area.
Key outline:
More reverse confirmation at this point, activates a buy position to $207.54, as next potential bullish.
Thanks for reading.
Technical outlook:
Stock is positioned on a downward channel in respect of the structure, trending on lower lows and highs for a couple of weeks now. Price is having a partial little, at the support trendline. We anticipating a short term buy pullback at this area.
Key outline:
More reverse confirmation at this point, activates a buy position to $207.54, as next potential bullish.
Thanks for reading.
Trade ativo
Price is almost at our target!Hold your position.
Trade fechado: objetivo atingido
Target achieved!Thank you for following.
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.