By Licia Leslie
November 27, 2024
Hi Shoppers,
Nvidia (TIcker: NVDA) traded right down to my median line, as I said it would.
It has held it on Monday and Tuesday:
Watch for NVDA to hold $135.50 which lines up pretty well with the 50 day moving average at $134.82 providing further support.
If this level holds, it will rally back to $151.
If it fails to hold $135.50 it will trade down to $129.75 and possibly $122.45
Use a close above or below $135.50 as your stop loss if you decide to trade on these moves.
Have a very Happy Thanksgiving.
Thank You For Reading … See You Next Tuesday,
Licia Leslie.
Licia Leslie
Head of Technical Analysis
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