Hello Traders and Investors, today I will take a look at Nvidia.
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Explanation of my video analysis:
Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the upper resistance but we might see a retest of the psychological $1.000 level first and then a correction.
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Keep your long term vision,
Philip (BasicTrading)
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Explanation of my video analysis:
Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the upper resistance but we might see a retest of the psychological $1.000 level first and then a correction.
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Keep your long term vision,
Philip (BasicTrading)
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
4K+ Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.