From a fundamental point of view, I have no doubt NVIDIA is one of the best tech companies in the world!
But Chart shows more correction is more possible! NVDA 30 days trading volume price increased from 6 billion to 16 billion in the past 28 days!
You may think why this could be important?
Your answer is NVDA is the Best performer among mega-caps in the past trading year! NVDA outperformed TSLA, AMD, NDX, SPX...
Conclusion: 230 price target could happen in less than 2 months!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best, Moshkelgosha
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