SierrasTrades

$NVDA: Bounce to $926

Long
BATS:NVDA   NVIDIA
Hi everyone,

Today's market took a downturn, with SPY and QQQ experiencing significant drops, in contrast to VIX, which saw a significant increase. Currently, NVDA finds itself at a critical juncture, relying on the daily indicator for support. If the market conditions improve and NVDA manages to recover from this point, we could see it reaching a price target of $926. Let's watch closely to see how these developments unfold.

Best of luck to everyone navigating these market conditions!
Comment:
NVDA did in fact, bounce. An hourly close above $888 will send it higher.
Comment:
$915 here we come.

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.