Daily chart, the stock NVDA is forming a symmetrical triangle, and the price could not break out the resistance line R since June 2024.
Technical indicators RSI and MACD are on the positive side; to have an upward movement. However, a new entry for bullish uptrend should be after 2 days trading above 128 -- Then the target price will be 175
A stop loss below the line SL should be considered.
Trade attivo
Raise the stop loss level as the price climbs to the target.
Currently, stop loss below the R line.
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