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NVDA #Bullish Trade Setup into next week

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NVDA #Bullish Trade Setup into next week

Mar 16, 2023
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1. Technicals:

NVDA is breaking above its range on multiple timeframes (see below)

PT using Daily chart —> $261, then $300 VPOC, which is a longer term PT (see second chart)

Weekly Chart

Daily Chart

1hr Chart

2. Catalyst: Can run into events next week (buy the rumor /sell news type trade)

3. In my opinion, it is a play on AI (which of course is a popular theme)

Here is my end of day video (see minute 16 for breakdown of NVDA)

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Copyright © Tribeca Trade Group. All of the information in this newsletter is for entertainment and educational purposes only and is not to be construed as investment or trading advice. None of the information in this newsletter is guaranteed to be accurate, complete, useful or timely. IMPORTANT NOTICES AND DISCLAIMERS TriBeCa Trade Group is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of TriBeCa Trade Group are not acting as investment advisors and might not be registered with the U.S. Securities Authority

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