Possible Head and shoulders on Nvidia

Note: This section contains information in English only.
Source: Dukascopy Bank SA


A Head and Shoulders pattern has formed on Nvidia stock. If the second shoulder is confirmed, a price move towards 130.05 and 115.15 is plausible.

Additionally, the Chinese government is investigating Nvidia for a possible anti-monopoly law breach, which could amplify the downward price movement if the H&S pattern is confirmed.

However, if the pattern is not confirmed, further price movement to the upside is highly plausible in the short term.
Back to articles

Actual Topics

Tue, 17 Dec 2024 09:55:14 GMT

Bullish pennant occurence on GBP/JPY

A possible bullish pennant could lead to higher price levels for GBP/JPY. The resistance at the 195.8500 price level must be broken to confirm forward momentum. There is a high probability of a downside move towards 194.8000 before moving upward.

Mon, 09 Dec 2024 12:37:50 GMT

Descending triangle for Light Sweet Crude Oil

A descending pattern has formed on Light Sweet Crude Oil. The current pattern suggests that a potential move to the downside may occur in the next few days, breaking outside of the pattern. The descending triangle pattern may be considered a signal for a potential downward price movement. If bearish momentum continues and the wedge pattern breaks to the downside,

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.