NVIDIA
Long
Aggiornato

$NVDA pull back for steeper jump?

2 741
Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.
Nota
It is currently off from Daily uptrend.
Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.
Nota
$800-$785 buy zone.
TP1: $880
TP2: $920
TP3: $970
Nota
istantanea

A minor pull back.
Insufficient volume to cause retracement back to the bullish trend.
Nota
istantanea

Let's see if this keeps the bullish trend line.
Nota
istantanea

TXN price action earning: 6% surge

Price Gap:
$840- upside pivot
$730 - downside pivot

Fair value $820

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