SamSuka
The Long Investor
The Long Investor

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$NVDA

Price has continued its move this morning from $113 up to $134 now, holding perfectly on the 0.618 Fib and the yellow support level

Price is now testing the 50 Day MA at $134 now too.

I suspect some resistance will be met here but momentum could carry this higher and eventually move up to the important green line at $141, which we have been waiting for

Flipping the green line to support and this will continue moving higher to our Wave 5 target

Capex spending by the Mega Caps is now confirmed which will directly benefit $NDVA and $TSM.

$NVDA

Comments

Are you saying test at 134, and if it goes above that then moving up to 141 and may go up to 160?? Or will we have another drop when we hit 141 and then to 160??

sage


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