Based on my analysis:
1. NVIDIA formed a cup & handle pattern (May 26-29).
2. Breakout the neckline 350.40 USD with the volume above average.
3. Slow stochastic indicator indicates that prices will continue to rise.
4. Traders are advised to take profit at (1) 360.90 USD or (2) 376 USD.
Syeikh Hafiz
Stock Market Analyst
1. NVIDIA formed a cup & handle pattern (May 26-29).
2. Breakout the neckline 350.40 USD with the volume above average.
3. Slow stochastic indicator indicates that prices will continue to rise.
4. Traders are advised to take profit at (1) 360.90 USD or (2) 376 USD.
Syeikh Hafiz
Stock Market Analyst
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.