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Technical analysis by YetAnotherTA about Symbol NVDAX: Buy recommendation (6/12/2025)

https://sahmeto.com/message/3700679
YetAnotherTA
YetAnotherTA
Rank: 522
2.7

AI Chip Stocks NVDA and AMD Showing 5 Wave Rise

Buy
Price at Publish Time:
$142.83
Buy،Technical،YetAnotherTA

NVDA and AMD are both showing 5 wave rise in weekly chart after a correction in WXY. I haven't checked but other AI related stocks also might be doing something similar. Once the 5 waves are over, we can expect some correction but the 5-wave rise post a correction typically signals fresh uptrend so it might be worth keeping an eye on these stocks. Waiting till retracement/correction of this rise is complete.

Source Message: TradingView
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