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NVDA Falling Wedge Pattern Setup: $127 SL - $153 Target

Por sun_finance1
A falling wedge pattern has formed on NVDA's daily chart, with price action contained between two converging downward trendlines. The stock shows a potential bullish reversal setup after reaching recent highs around $145. Volume has been declining during the pattern formation, which is characteristic of a falling wedge. The setup offers a clear risk-reward with stop loss at $127 and target at $153, with entry planned on a break above the upper trendline.
Chart PatternsNVDAnvdalongRising WedgeTrend Analysis
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