NVDA well on the way to break 1000 Psych Target!

GREEN TrapZone is back and UMVD Picked the end of retrace perfectly. We have a bit of steep angle 4 but it just means UNTIL we break it - we have very strong momentum up.

Angle 1 from the recent downtrend is close by, so it will be short term target, as loong as we have Green BARS and GREEN UMVD !

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Here is a closeup

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Red UMVD pulling the price lower, Angle 3 is broken, Next support will be the Angle 2 UP. Bars are GRAY so wait for GREEN Bars for momentum entry

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Price didn't reach Angle 2 and so I have adjusted the Angle 3 for now. Since we don't have GREEN BARS OR GREEN UMVD, stay neutral if you are not long already.

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Always use Renko with UMVD and TrapZone Pro to get the fine tuned analysis.

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We reached angle 1, possible resistance here

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Back to angle 2 for support.