Cup & Handle for NVIDIA
It's not the perfect Cup&Handle pattern, but it's near enough to still be valid in my eyes. If so we could potentially see a rise up to 300, about a 15% move from where the current price is. We have been consolidating for the past 5 months so a decent breakout is very possible, considering how strong the long term uptrend is for NVIDIA.
I have gone Long since we broke the red line. Possible chance we back test the bottom of the blue channel + 50 day MA, at which point I will probably increase my position.
I have gone Long since we broke the red line. Possible chance we back test the bottom of the blue channel + 50 day MA, at which point I will probably increase my position.
Note
Progress is slow but we're making out way up so trade still on target.Note
Pretty much back to the blue trend line now, trade is still active. Looking to hold support between the 50 Day MA and the bottom of the trend channel. I don't see us dipping down much further than that but am keeping an eye on it. 
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