Nvidia - Still a correction?

Hello Traders and Investors, today I will take a look at Nvidia.

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Explanation of my video analysis:

Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity.

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Keep your long term vision,
Philip (BasicTrading)

Ghi chú

Seems like Nvidia is not respecting the rules of gravity lol ;)

Will be quite interesting to see how the monthly candle closes - resistance ahead...

Ghi chú

Well, what is happening here, any thoughts?

Seems like Nvidia is the mother of all bullish price action...

TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
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discord.gg/jgdrYXwqyD

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TheTraderPhil

#1 Video Author on @TradingView 🏆
Swing Trader since the Year 2019 💻
Daily Analysis from Monday - Friday 💰
3.8K Traders in Our FREE Community👇
discord.gg/jgdrYXwqyD

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