Crazy as it may sound, NVIDIA / NVDA may recover from the current pull back and hit $300 by the end of the year.
The reason is that the consolidation it has been in for the past 9 months, has been spotted on both previous long term growth Channel Up patterns right before the Channel topped.
As a matter of fact, it was the last year of its bull rally. The previous consolidation phase's bottom was in March 2021 and before that in April 2017.
As we've entered March 2025 with the price sitting right at the bottom of the 2.5 year Channel Up, the probabilities of a final rally increase.
The previous two have been +206% and +217% respectively.
The $300 Target sits right under a potential +206% increase.
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The reason is that the consolidation it has been in for the past 9 months, has been spotted on both previous long term growth Channel Up patterns right before the Channel topped.
As a matter of fact, it was the last year of its bull rally. The previous consolidation phase's bottom was in March 2021 and before that in April 2017.
As we've entered March 2025 with the price sitting right at the bottom of the 2.5 year Channel Up, the probabilities of a final rally increase.
The previous two have been +206% and +217% respectively.
The $300 Target sits right under a potential +206% increase.
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.