Technical analysis by Martechnic about Symbol NVDAX on 3/15/2025
https://sahmeto.com/message/3719170

I was not interested when it dropped below the summer 2024 high. I'm also not interested now. I'd rather see a clear reclaim of that summer 2024 level. For now, European and Chinese stocks bring much needed gains where American stocks struggle. So I'd rather not put my money on the line here.Possible scenario here. Just an idea of possible PA, not trying to say it will do exactly the same.This is happening faster than expected, but I'm not worried by that since I was expecting a dump anyway.Target was reached. Nice bounce up afterwards. I think NVDA might be done again here. Expecting another leg to the low area.
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Signal Type: Neutral
Time Frame:
1 weekPrice at Publish Time:
$121.66