Nvidia is showing strong signs of a bullish breakout. Here are 3 solid technical reasons why NVDA could be ready to lift off 📈
1️⃣ Candlestick pattern – long lower shadow
The
long lower shadow signals buyers stepped in after early selling
pressure. This shows strong demand at lower prices — classic bullish
behavior.
2️⃣ High daily volume
Nvidia
is trading on increased volume today, confirming that big players are
active. High volume validates the price action and increases the
reliability of the bullish setup.
3️⃣ Reversal on the volume oscillator
The
volume oscillator is reversing from below zero, signaling momentum may
be shifting back to the bulls. This indicates a potential trend change
just before a new rally begins.
🔥 Bonus: Rocket Booster StrategyNVDA fits the Rocket Booster Strategy:
- Price is above the 50 EMA
- Price is above the 200 EMA
- A recent gap up confirmed by candlestick support
When all these factors align, it’s like lighting the engines for a bullish liftoff.
Rocket boost this content to learn more
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⚠️ Disclaimer: Always use a simulation (demo) account before trading with real money. Learn proper risk management and profit-taking strategies to protect your capital.
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