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$NVIDIA (NVDA.US)$ went out of a non-stop rise from May to J...

$NVIDIA (NVDA.US)$ went out of a non-stop rise from May to July. It carried out a triangle consolidation for more than a month from July to August, and broke through this triangle consolidation range on August 20. At present, there are some signs of short-term stagflation, but compared to the broader market, the recent trend is still relatively better. Next, I personally will pay attention to whether it can come near the price of 206 if it is called back. This position is the upper edge of the triangle consolidation. After a breakthrough, there will often be a backstepping. Personally, I think the support effect of this position is relatively strong. Because in addition to being the upper edge of the triangle, it is also where the 50-day moving average is located, so if the price can come to this vicinity, the profit-loss ratio will be relatively good. If it falls back to the triangle, then the short-term and medium-term trading needs to continue to wait and see, which proves that there is a high probability that this breakthrough is invalid and needs further adjustment, and it has also fallen below the 50-day moving average. If the top can break through the previous high near 230, it will continue to rise, because this uptrend has no obvious signs of ending at present. In this upward trend, the callback is an opportunity to do more.
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