Can $NVDA really “GO” higher?

Can $NVDA really “GO” higher?


April 2023


Alex Cole

$NVDA has been in a “Go” trend the middle of January.

Having hit a series of higher highs and higher lows $NVDA has moved sideways for a few weeks after a big gain.  GoNoGo trend shows a mix of blue and aqua bars as price has traded in a relatively narrow range.  This caused the GoNoGo Oscillator to fall to the zero line and remain there as the tug of war played out between buyers and sellers at these price levels.  Now, GoNoGo Oscillator has broken out of the GoNoGo Squeeze into positive territory which could give price the push it needs to move to new highs.