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‘Beautiful cup and handle' hints at massive breakout for Nvidia stock
NvidiaNvidia(US:NVDA) Finbold·2024-09-17 12:44

After a downturn in early September, Nvidia (NASDAQ: NVDA) is showing signs of recovery, with NVDA shares rising 5.81% over the last five sessions to $116.78 and up another 0.59% in extended trading to $117.50 at press time. NVDA stock 5-day price chart. Source: FinboldTechnical analysis (TA) of NVDA stock also hints at a strong and continued rally. Per the popular analysis published by a TradingView user, ‘impossiblebull,’ the chipmaker has formed a ‘beautiful’ Cup & Handle pattern on the hourly chart just ...