The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Traders are watching Nvidia (NVDA) as price action tightens. The stock is trading at $206.84, down 0.92% on the day. The primary technical feature is a Rounding Bottom formation. The trend indicator is reading 19.2/100, suggesting moderate momentum. A potential breakout level is identified at $214.39, targeting $238.98 with support near $202.1 (R:R 2.0).
What is your outlook on NVDA?