#NVDA $NVDA consolidation, looking to rip shortly

2022년 1월 1일

NVDA has consolidated over the last few days, and found strong support around 295. Prior to this week, it recently broke the downtrend/bullish wedge, into its current pattern. Shorts have tried all week to drop this, along with very low volume. Finally tax loss harvesting for 2021 ended yesterday. I see this running, until tapering is done in March, and rates indicated to rise with a set date.

Once the rates become in effect, this will correct.

NFA