For 22 months (!), NVDA has politely traveled within the tidy confines of an ascending price channel.
![](https://slopeofhope.com/wp-content/uploads/2024/07/longnvda-640x539.png)
I suggest keeping a close eye on this dashed midline. A failure here would open up the prospect for a trip down to the price gap, marked in green, at $96.01, which is a long, long way from here.
![](https://slopeofhope.com/wp-content/uploads/2024/07/closer-640x416.png)