Technical analysis by SmartSignalss about Symbol NVDAX: Buy recommendation (4/2/2025)
https://sahmeto.com/message/3718979

SmartSignalss
Rank: 33076
Analytical Power:
1.3
$NVDA | A Double Bottom in the Making?
:Buy
Price at Publish Time:
$110.41

We’re spotting the early structure of a double bottom pattern forming on NVDA — a classic bullish reversal signal. After a steep decline, price action is showing signs of stabilization, testing support twice, and trying to recover from the lows. But there’s a catch... 📌 No confirmation yet. The neckline still needs to be broken with strong momentum to validate this formation and trigger potential upside. ⚠️ Today’s tariff-related news could be the catalyst. A strong reaction may either confirm the breakout or invalidate the pattern entirely. What to watch: Break above the neckline with volume = potential entry ✅ Failure + breakdown = more pain to come ❌ This is a key technical level. Stay sharp and let price action lead the way.
Source Message: TradingView