Just as it happened last time, additional growth can appear on the short-term. The main thesis though is not to predict how a stock behaves short-term, but the bigger picture based on technical analysis.
Regardless of news induced moves and emotionally charged market conditions, the NVIDIA Corporation (NVDA) stock has limited growth potential before a major correction appears. This statement is based on the data coming from this chart. The current bullish move is overextended and replete with bearish signals. Bearish signals that are supported from multiple angles.
The current bullish move lacks conviction as shown by trading volume, revealing that this move can be a perfect setup to lure unsuspecting buyers, a bull-trap.
A sudden but long lasting correction can activate levels around 138 and 115, you've been warned. Once a chart becomes like this one, there is no going back.
Try comparing this stock to some of the major Cryptocurrency projects and you can see the difference between a bullish and bearish chart setup. When the action is happening at resistance, it is time to sell or to stay away. When the action is happening at support, it is time to buy, hold and to open-long.
NVIDIA is trading at resistance. Most of the Cryptocurrency market is trading at support. It is still highly probable that the stock market will go down while Crypto goes up.
Namaste.
Regardless of news induced moves and emotionally charged market conditions, the NVIDIA Corporation (NVDA) stock has limited growth potential before a major correction appears. This statement is based on the data coming from this chart. The current bullish move is overextended and replete with bearish signals. Bearish signals that are supported from multiple angles.
The current bullish move lacks conviction as shown by trading volume, revealing that this move can be a perfect setup to lure unsuspecting buyers, a bull-trap.
A sudden but long lasting correction can activate levels around 138 and 115, you've been warned. Once a chart becomes like this one, there is no going back.
Try comparing this stock to some of the major Cryptocurrency projects and you can see the difference between a bullish and bearish chart setup. When the action is happening at resistance, it is time to sell or to stay away. When the action is happening at support, it is time to buy, hold and to open-long.
NVIDIA is trading at resistance. Most of the Cryptocurrency market is trading at support. It is still highly probable that the stock market will go down while Crypto goes up.
Namaste.
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🔥 Get the FULL (4-in-1) PREMIUM PACKAGE 👇
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
t.me/lamatrades/4 (Since 2017)
✅ FREE PREMIUM trade-numbers (4-10X) 👇
t.me/masteranandatrades/9043
🚨 TOP Results May 2026 👇
t.me/masteranandatrades/8778
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.