- Nvidia broke resistance area
- Likely to rise to resistance level 135.00
Nvidia recently broke the resistance area between the resistance level 122.65 (which reversed waves 4 and ii in March) and the 61.8% Fibonacci correction of the downward impulse from February.
The breakout of this resistance area continues the active short-term impulse wave 1 of the intermediate impulse wave (1) from the start of April.
Nvidia can be expected to rise to the next resistance level 135.00, target price for the completion of the active impulse wave i.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.