NVIDIA Wave Analysis 7 June 2024

– NVIDIA under the bullish pressure

– Likely to test resistance level 1250.00,

NVIDIA under the bullish pressure after the earlier breakout of the resistance level 1150.00 (which stopped the previous impulse wave (3)).

The breakout of the resistance level 1150.00 accelerated the active intermediate impulse wave (5).

Given the strength the active uptrend, NVIDIA be expected to rise further to the next resistance level 1250.00, which reversed the price at the start of June.