NVIDIA is poised for further growth

25 march 2022 92
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Yesterday, the price of NVIDIA shares rose by 8%. NVIDIA`s GPU Technology Conference (GTC) was held from March 21 to 24, where the company presented its new products. Investors realize the company is strengthening in the market not only as a graphics processor developer, but also as a full-blown technology platform.

Technically, a double-bottom pattern appeared in NVIDIA`s daily chart. The stock price has already broken through the resistance level of 268. RSI has not yet entered the overbought zone, perhaps NVIDIA will keep growing and return to 293 and 312.

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