EuroMotif

NVDA eyes on $689.21: a "Very High Gravity" fib

EuroMotif Mod Actualizado   
BATS:NVDA   NVIDIA
This is a follow up to my $689 call posted here (click).

NVDA is currently testing a "Golden Genesis" fib at 689.12.
Strength in the chip sector indicates it will continue higher.
But expecting a pullback first, or "Orbit" this fib a few times.

Ultra Bulls might place their stop-loss just below this.
Trader Bulls might sell some here to buy back lower.
Late Bulls might look for a break and retest to enter.

Here is a full view of its "Genesis Sequence":

========================================================================================

Comentarios:
Here we are again:
689.21 retesting as expected.

Zoom in (3 min)
notice the interaction with red zone.
Also notice the piercing of the golden fib.

So likely we orbit this fib for a while.

========================================================================================

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.