NVDA key defensive positions 860-870
The previous descending channel and the new upward channel, superimposed a jump gap, and the MA20 moving average that is beginning to turn upward below converge at the 860-870 position. It has formed an important support.
As long as it does not fall below and does not break out of the new upward trend channel, it will continue to be bullish.
Once it breaks below, the uptrend ends.
There are still two weeks left in the earnings report, so let's talk about it after a wave of gains.
Based on this, I added a position around 890 a few days ago
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