NVDA Analysis
Closed at 225.32 (17-05-2026)
Getting Momentum.
ABCD pattern appeared.
Also a perfect cup & handle pattern.
Sustaining 212 may lead it towards the potential reversal zone 285 - 290.
Mid-way resistance is around 248 - 250.
However, ABCD pattern may remain valid as long as Point C (164) is not broken.
212 - 214 is a Good Support as of now and also the retest point of ABCD pattern breakout.
Closed at 225.32 (17-05-2026)
Getting Momentum.
ABCD pattern appeared.
Also a perfect cup & handle pattern.
Sustaining 212 may lead it towards the potential reversal zone 285 - 290.
Mid-way resistance is around 248 - 250.
However, ABCD pattern may remain valid as long as Point C (164) is not broken.
212 - 214 is a Good Support as of now and also the retest point of ABCD pattern breakout.
Trade active
Still Valid!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.