$NVDA 1H Outlook.
NVDA has formed a long lower wick and followed it with a bullish green candle. I’m hoping this could be the beginning of a potential buying opportunity, so I’ve put together a setup to watch.
The buying zone I'm looking at is $159.47–$157.98.
My first target is $165.50, where I'll take 30% profit. If the upward move continues, I'll hold the remaining position for the final target at $177.56.
For risk management, my stop loss is set at $149, just below last week's low.
NVDA has formed a long lower wick and followed it with a bullish green candle. I’m hoping this could be the beginning of a potential buying opportunity, so I’ve put together a setup to watch.
The buying zone I'm looking at is $159.47–$157.98.
My first target is $165.50, where I'll take 30% profit. If the upward move continues, I'll hold the remaining position for the final target at $177.56.
For risk management, my stop loss is set at $149, just below last week's low.
