NVDA NVIDIA (NVDA) – Inverse Head & Shoulders Breakout in PlayNVDA has broken above a key neckline at $108, confirming a classic inverse head & shoulders pattern. With the head at $85, the breakout projects a target around $138.
Trade Plan:
Entry: $117 (current level)
Stop Loss: $107 (below neckline)
Target: $138
Risk–Reward: ~1:2.1
Strong volume on the breakout adds conviction. Watching for continuation toward the projected target in the coming weeks.
#NVDA #Breakout #InverseHeadAndShoulders #SwingTrade #TechnicalAnalysis
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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.