$NVDA
Added 2023-08-08 11:03:39 +0000 UTCHas fallen out of this bearish channel lately but we have been here before with $NVDA, it has ungodly strength at times so let's remain cautious here.
On the this daily chart, we can see that the 50 Day MA has been the guiding support line since October 2022....if this level is lost and it is at $428 right now, then we can start considering a reversal but until then, nothing can be assumed when it comes to $NVDA.
I have said before that I have never seen a stock go above the 4.618 Fib and even $NVDA has not done that yet.
Earnings due on the 23rd of August.
Comments
Thanks. Will you update the chart anytime soon?
makis
2023-08-19 18:57:45 +0000 UTCI do not advise when to buy or sell your own shares, it depends on your own strategy.
Gareth Neary
2023-08-19 18:55:56 +0000 UTCEarnings next week. I am up 90% on my position. Would you trim here cap?
makis
2023-08-19 18:52:14 +0000 UTC
