Nvidia Daily Outlook!

NVDA is in an uptrend! Those who are already holding the stock can use $200 as a stop loss for short-term traders. Long-term traders can use $176 as a stop loss if the price falls below $176, it breaks below the short-term channel, which could push the price down first to the 200-day EMA(156.50$) and then to the horizontal support around $150.

For those looking to make additional or new entries, they should wait for $183 and place a stop loss just below that level.

I can’t predict whether it will go up or down I’m not a fortune teller :)) but this is what the technical analysis suggests.

Good luck and profitable trades! This is not financial advice.