Money & Finance

NVIDIA STOCK TECHNCIAL ANALYSIS PART 1

HOW THE BOOM OF NVIDIA STARTED

hugob
1 min read · 1 year ago
NVIDIA STOCK TECHNCIAL ANALYSIS PART 1
TECHNCIAL ANALYSIS

In this post we will analyze the NVIDIA stock in the one day chart timeframe so let's get started.

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SOURCE: TRADINGVIEW

The uptrend of NVIDIA started when the accumulation phase started started. We can see that the stock wasn't having a consistent trend on the accumulation phase. Now we will discuss how we know when the stock will break this phase.

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SOURCE: TRADINGVIEW

We can see that when the price goes back to the GAP it starts going up. Let's try to see when the markup phase started.

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SOURCE: TRADINGVIEW

We can see that the range breaks and then the markup phase starts, then the trend loses a little bit of strenght and it goes up again.

Let me know if you would like to see the second part of the analysis.

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