By Licia Leslie
September 25, 2024
Hi Shoppers,
Nvidia (Ticker: $NVDA) looks primed for its next leg higher:
It has broken out of that consolidation it has been trading in for the last eight days around the convergence of the 21 and the 50 day moving averages.
Be sure it clears $121 and then you can ride it to the red median line which comes in at $126.26.
Use a close below $119.25 for your stop loss.
Trade Review
The Invesco QQQ Trust ETF (Ticker: $QQQ) did not traded lower so no trade was made in the $SQQQ,
Thank You for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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