quiettt
06-17

$NVIDIA Corp(NVDA)$ K1 and K2 are two consolidation candles,
K3 break up and verified the long-term uptrend.
The supply pressure sharply decreased at K3,
It seems that the following candles will keep pricing up to test the upper limit of the uptrend channel.

It is also possible that the following candle fall back to test the lower price of K2,
If that finally happens, it will be a good place to increase long-term positions.

K1 to K3 is a bullish three soldiers advancing pattern,
If K4 price up to test the upper limit of the uptrend channel,
It is also possible that a consolidation will happen there,
it will be another good place to increase long-term positions.

Long-131.88/Stop-127.4/Target-149

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment