The share price for nVidia Corporation (NVDA) has been en fuego over the last year, climbing astronomically in share price from the high $20's to the $120 mark in December 2016.

Understand that jumping on an uptrend of this magnitude takes on a certain amount of inherent risk. It becomes important to validate technical analysis methods using as many different techniques as possible.

With that being said, let's start to review some charts for the company and see if the hot streak for its share price will continue. I will calculate and illustrate upside price targets for its share price if its Elliott wave pattern analysis allows.

Last, I will illustrate support areas to monitor in the event of a pullback in NVDA's share price. These support areas can be used as areas to possibly make scale-in purchases and try to jump in on its uptrend. Let's get to the charts!

nVidia Corporation (NVDA) - 20 Year Chart

Start off big and wittle your way down to details. That is my preferred method, especially when I look at a new company's stock charts. nVidia Corporation (NVDA) was a member request and this is my first look at it, so let's start off with my usual 20 year monthly candlestick chart.

Wow. What a run.

The chart is bullish with increasing buying momentum and increasing overall buying volume. However, the chart is moving up at a nose-bleed pace and I want to focus on it. I am going to zoom into a 2 year weekly candlestick chart so more detail can be seen and analyzed.….

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