Trade Idea for NVIDIA Corporation (NASDAQ)

NVIDIA Corporation (NASDAQ)

#NVDA

   The trend is upward. The stock is trading within the range of the 365 and 135 moving averages. The descending internal truncated wave structure has completed with a breakout of the trendline. The Awesome Oscillator shows a bullish divergence.

Trading idea:

Buy on a breakout 182.85.

Stop Loss – 169.60.

Target levels – 196.00; 211.20.