NVDIA: Neutral but ready to breakout aggressively to the upside.

23 сент.

NVDIA is neutral on its 1D technical outlook (RSI = 49.101, MACD = -0.300, ADX = 35.106) as it is trading exactly on its 1D MA50. The long term pattern has been a Channel Up for the past two years and having touched its bottom on the August low, we expect the price to have broken upwards within 3 weeks. The early signal for that will be the RSI crossing overs its LH trendline. TP = $230.00


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