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Technical analysis by SmartSignalss about Symbol NVDAX: Buy recommendation (4/2/2025)

https://sahmeto.com/message/3718979
SmartSignalss
SmartSignalss
Rank: 33076
1.3

$NVDA | A Double Bottom in the Making?

:Buy
Price at Publish Time:
$110.41
Buy،Technical،SmartSignalss

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
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