$NVDA: the channel is holding. On the monthly chart, the pul

Alex | Gold & Elliott Wave2026/11/08 13:47:27

$NVDA: the channel is holding. On the monthly chart, the pullback from 243 has landed right on the lower edge of a rising channel that has held since 2023, and on horizontal support at 183.6. The price is now 188.7 and the monthly candle is bouncing. The valuation side backs it up: the forward P/E is around mid-20s for a company growing earnings that fast. You pay less for NVDA today than for many slower growing names. 📈 Buy zone: 183–190, holding the channel ❌ A monthly close below the channel opens 151 Run your own NVDA valuation with Stock Dashboard Pro 👇 https://t.co/LU9HlbEAxR

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