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