NVDA has been rangebound since June 2023 and made multiple attempts to break $500. It's been accumulating in the upper half of the zone since the beginning of December, surfing the 50 EMA, and looks ready to breakout above $500 on a volume spike. Accumulation leads to expansion, and NVDA looks primed for another leg up.
Note
NVDA all time high. Good start!Note
The best ideas are the ones that work immediatelyNote
Let him cookNote
Can't be mad about a $50 move!!!Trade closed: target reached
$600 yeesh! Congrats to anyone who rode this for $100+ move.
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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.