NVIDIA is still in an uptrend. Last week, the price hit a new high of $210, but the price was unable to break through this level, so it adjusted down. It is expected that the price will likely test the important support zone at $167-155. If the price cannot break through $155, the price still has a chance to rise.
However, if the price continues to rise in the near future, a correction may also occur.
Long-term trading plan: Wait for the correction to complete before buying.
** This is not financial advice.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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However, if the price continues to rise in the near future, a correction may also occur.
Long-term trading plan: Wait for the correction to complete before buying.
** This is not financial advice.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
❤️ Like and subscribe to never miss a new idea!
Uwaga
If the price can remain above 162, there is a short-term possibility of a rebound to test the 204 level again.Zlecenie aktywne
NVDA Follow-up Analysis 🎯Price hit our targets from the previous setup. Here is the updated game plan:
Critical Level: $234. Failure to stay above this level increases the risk of a market correction.
Major Event: All eyes on Jensen Huang this Wednesday (May 20).
The Verdict: His words will decide whether the bulls continue the rally or pause for a consolidation phase. 🕒🚨
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