NVDA next possible buy spotNASDAQ:NVDA AMEX:SOXS
NVDA is in an ascending triangle pattern (bullish) with cci not showing overbought on the 1hr, 4hr, and 1d. MACD signal is still above on the 4hr and daily.
SOXS has recently broken downwards and retested the support turned resistance.
This shows that we are headed towards a bullish momentum for NVDA.
If I had to make a guess on what will happen next I think that it will go to 125. Either consolidating and breaking out upwards going ath or hit 125 and go back down to 105 - 110 (major support). This is all an assumption GL!
also ive predicted the past 2 swings on my previous ideas.