Nvidia shares have continued to gain, recently climbing above $212.16. However, after this initial attempt to break through that level, the stock saw a pullback. Overall, we expect further upside, though in our alternative scenario, we’d view the recent high as part of a smaller corrective (and overshooting) upward move. Primarily, we see NVDA in the final upward phase of a larger bullish cycle and anticipate further gains into our red Target Zone ($227.38–$260.60). The cycle top is likely to form within this range. In our alternative scenario, NVDA may have already completed its upward cycle with the peak at $212.16. If so, the stock would now be entering a larger correction, with a move below support at $145.50 likely (probability: 33%).
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.