Nvidia is at an interesting area after having tracked sideways for quite a while. It looks like it could be about to break to new highs, but might still be a bit of a short term pullback so it can build more of a base for its new pricing levels. Being back above its 50 day moving average is often seen as a good bullish signal.
The catalyst was in todays TradingView news summary "Nvidia Corp NVDA jumped 5.6% after saying Monday it would make a server processor chip that would directly challenge Intel Corp INTC . The chipmaker also signposted above-guidance first-quarter sales."
On the watch list.
The catalyst was in todays TradingView news summary "Nvidia Corp NVDA jumped 5.6% after saying Monday it would make a server processor chip that would directly challenge Intel Corp INTC . The chipmaker also signposted above-guidance first-quarter sales."
On the watch list.
Nota
Nice little move before pulling back to support to build that base.Nota
Closed back up above resistance. Looking interesting here. Nota
Put on a 100% run before pulling back with the wider market.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.