By Harry Boxer
Strong patterns continue in this rising market, and here are four more momentum charts to watch.
NVIDIA Corporation /zigman2/quotes/200467500/composite NVDA +5.14% jumped another 1.51, or 1.6%, to 93.39, on 12.4 million shares on Tuesday. The stock, in a steady up channel since the February low under 25.00, is in a three-week flag formation after the big spike up from the mid-60.00s in mid November. It is moving toward lateral resistance from the highs of the flag at 95.25. Through there, the short-term target would be the channel top near 102.00-103.00.
Check out Harry’s video analysis of this stock on the last page.