NVDIA / NVDA is now starting the short term pull back inside the 2023 Fibonacci Channel Up.
After hitting the 2.0 Fibonacci level, this bullish leg should trade inside 1.0 and 2.0 Fibonacci.
The long term Support is the 1day MA50 but the 1day RSI indicates that we won't hit that unless it reaches its Rising Support, which based on the January-April price action might do in late August.
Until then, buy and target 480.
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After hitting the 2.0 Fibonacci level, this bullish leg should trade inside 1.0 and 2.0 Fibonacci.
The long term Support is the 1day MA50 but the 1day RSI indicates that we won't hit that unless it reaches its Rising Support, which based on the January-April price action might do in late August.
Until then, buy and target 480.
Follow us, like the idea and leave a comment below!!
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thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.