It's not out of the woods just yet.
It broke out of a previous descending channel pattern, but the ascending microphone pattern is still intact (coming from the downside).
It is short term in the green bull flag pattern, but would need a decisive move upwards.
ER is just around the corner, but overall market isn't helping the case for NVDA at the moment.
Looked like it wanted to break above 250, but shot back down EOD today.
It does have a gap to fill down around the 228 mark, IF this green pattern breaks to the downside.
It broke out of a previous descending channel pattern, but the ascending microphone pattern is still intact (coming from the downside).
It is short term in the green bull flag pattern, but would need a decisive move upwards.
ER is just around the corner, but overall market isn't helping the case for NVDA at the moment.
Looked like it wanted to break above 250, but shot back down EOD today.
It does have a gap to fill down around the 228 mark, IF this green pattern breaks to the downside.