$NVDA pull back for steeper jump?

٩ أبريل ٢٠٢٤

Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.

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ملاحظة

It is currently off from Daily uptrend.
Expecting for some resistance or pullback to happen around 0.5 retracement level - $809 price range.

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ملاحظة

$800-$785 buy zone.
TP1: $880
TP2: $920
TP3: $970

١٠ أبريل ٢٠٢٤

ملاحظة

A minor pull back.
Insufficient volume to cause retracement back to the bullish trend.

١٢ أبريل ٢٠٢٤

ملاحظة

Let's see if this keeps the bullish trend line.

٢٣ أبريل ٢٠٢٤

ملاحظة

TXN price action earning: 6% surge

Price Gap:
$840- upside pivot
$730 - downside pivot

Fair value $820