NVIDA is Up for the 3rd Day in a Row

The Hourly View for NVIDA

  • Currently, NVDA’s price is up $0.93 (0.11%) from the hour prior.
  • NVIDA has seen its price go up 10 out of the past 10 hours, thus creating some compelling opportunities for bulls.
  • Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
  • Price action traders may also wish to note that we see a doji candlestick pattern on NVIDA. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

NVIDA’s hourly price chart is shown below.

NVDA

The Daily View for NVIDA

  • Currently, NVDA’s price is up $13.46 (1.64%) from the day prior.
  • NVIDA has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • Regarding the trend, note that the strongest trend exists on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Below is a daily price chart of NVIDA.

NVDA

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