Nvidia moemntum is strong, similar to the SPY trend with strong insituitional buy. The recent correction is well within the support lines (white lines) and without any major resistance, it will continue to trend upwards unless there is further volatility from the market.
Always look out for the support as a guide to enter or accumulate as NVDA is definitely a long term winner in this AI play.
Stay calm and 🚀
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- mark2012·04-21The Trump factor is the volatility. will see what happens, I am picking a large drop when it finally becomes clear that the Strait will remain for the foreseeable future, or Trump needs to escalate to full out war, to remove IRGC, both choices increasing interest rates and inflationLikeReport
- NoraPoe·04-21Love the support line analysis, very helpful.LikeReport