Watch These Key Levels For NVIDIA (NVDA) Stock
Technical Analysis of NVIDIA Stock for July 9th, 2024
In this video analysis, we give a detailed examination of stock market trends, specifically focusing on NVIDIA's stock performance for July 9th. This analysis aims to show the intricate patterns and behaviors in the underlying stock market dynamics. Through video analysis, viewers will be provided with a systematic and in-depth understanding of potential market movements and fluctuations. The objective is to furnish you with the necessary insights to address market changes effectively and consistently.
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Master the stock market with ease. We offer you a simple, yet comprehensive guide to NVIDIA's stock on July 9th. Our expert team analyzes both broad and subtle trends. This prepares you for sudden market changes. Stay updated and keep a competitive edge with our insights.
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Dive into NVIDIA's stock insights for July 9th Our graphs are user-friendly. They highlight current market sentiments. They also help in predicting price changes. Understanding these key indicators can improve your investment choices. This way, you expand your trading opportunities.
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Today, we offer a detailed analysis of NVIDIA's stock for July 9th, 2024. Our insights cover market trends and vital technical nuances. Whether you're a day trader or building a long-term portfolio, we are here to assist. Join our Tesla market briefings. Be ready to navigate the changing currents of the market with confidence.
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3 Replies to “NVIDIA (NVDA) Stock Forecast & Price Analysis 7/9/2024”
Russ Mason
July 9, 2024Unfortunately, my short sale stop limit got tripped this morning at $129.35 when the stock briefly rose above $130. With how close this has been trading to the breakout point, I’m nervous to open a new short sale but also don’t want to miss out on some good profits if it does fall all the way down to the $110 or lower range. I’m long term long in 2 other accounts but because of the large short term swings, in my cash account I was hoping to catch the downswing from the $140 high, and then the new upswing to the $160 – $200 range. With how the stock has been acting, any thoughts on when a good short entry would be for the very near term?
Travis Artac
July 9, 2024Hey Russ, stay patient and wait for more confirmation. Over the last few trading days, NVDA is yet to break its previous day low. Breaking a previous day low (while testing key resistance) will tell me the market is tipping its hand for a drop lower. Option 2 would be to wait for NVDA to close below the 119 trendline on a daily basis. This would be a A+ short entry down to our 108 region.
Russ Mason
July 10, 2024Ok sounds good, thank you Travis.