NVDA: Buy zone is 248-258

29 Mar 2022

NVDA just completed its W-3 of its move off the March 8 low. Now it needs time to rest. Im seeing bearish divergences in RSI and MACD, indicating that the uptrend is becoming exhausted. Fibonacci extension targets have been reached. I own NVDA, and have sold covered calls against my position to protect my downside. The buy zone is 248-258. Longterm, this stock should be 400+ by EOY.

6 Nis 2022

Not

buy zone target achieved