Technical analysis by basictradingtv about Symbol NVDAX: Buy recommendation (8/4/2025)

📐Nvidia ( NVDA ) will simply rally more: 🔎Analysis summary: Yes, over the past couple of months, Nvidia has been rallying another +100%. But looking at the higher timeframe, this is still not the end of the unbelievable bullrun. Following the rising channel pattern, Nvidia can rally another +20% before we might see a potential retracement. 📝Levels to watch: $250 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION📐Nvidia ( NVDA ) is just heading higher: 🔎Analysis summary: After creating continuous all time highs over the past couple of months, Nvidia still continues with its underlying bullrun. Following this strength there is a very high chance that Nvidia will rally much higher, eventually retesting the trendline. 📝Levels to watch: $250 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION📐Nvidia ( NVDA ) is still bullish: 🔎Analysis summary: As we are speaking, Nvidia is creating a minor short term correction on the smaller timeframe. However, considering the underlying bullrun, this is not a reason to freak out. Corrections are always expected, especially after a +100% rally. 📝Levels to watch: $250 SwingTraderPhil SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION