Chart of the Day: Is Nvidia’s Next Leg Coming?
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David Russell
December 4, 2024
Nvidia has been mostly quiet since the summer, but some traders may think another move to the upside is coming.
The first pattern on today’s chart is the August high of $131.26. NVDA broke above this level in the first of October and then pulled back to test it in three different weeks. Has old resistance become …
For more, please click here to view the related idea and chart analysis on TradingView.
Nvidia (NVDA), daily chart, with selected patterns and indicators, courtesy of TradingView.
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