NVDA Best case scenario can go to 255. It remains bullish if it can follow the green range.
If we have a 4 hour close below the green trendline, I can see us going to 232.
You can say it will remain rather "neutral" if it stays within the orange range, although, it is more bearish in this range.
The red range is evidently bearish territory, if we have a daily close below the blue trend line, I see 208 as a very possible target.
Please note I only drew the colored ranges to make it easier to follow visually, it is not necessarily marking to top of the move in any way.
There are many fractal wedges withing the main wedge, will for sure be watching over the next weeks.
If we have a 4 hour close below the green trendline, I can see us going to 232.
You can say it will remain rather "neutral" if it stays within the orange range, although, it is more bearish in this range.
The red range is evidently bearish territory, if we have a daily close below the blue trend line, I see 208 as a very possible target.
Please note I only drew the colored ranges to make it easier to follow visually, it is not necessarily marking to top of the move in any way.
There are many fractal wedges withing the main wedge, will for sure be watching over the next weeks.
Comment:
RIGHT AT THE TARGET LEVEL !