NVIDIA Corporation
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NVIDIA Corporation. (NVDA): Bearish Trend, Buy Retracement

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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.



トレード稼働中
Price is almost at our target!

Hold your position.
トレード終了: 利益確定目標に到達
Target achieved!

Thank you for following.

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