NVDA: Bouncing, but Will It Hold?
🔥 LucanInvestor's Strategy:
🩸 Short: Below $126, targeting $118 and $110. A failure to hold support may extend the downtrend.
🩸 Long: Above $135, targeting $145 and $150. A breakout over the 200 EMA ($137) confirms bullish momentum.
🔥 LucanInvestor's Commands:
🩸 Resistance: $135 — Key area to reclaim for further upside.
🩸 Support: $126 — Holding above this level strengthens bullish confidence.
NVDA experienced a heavy pullback but is attempting a recovery, with MACD starting to reverse upward. Volume suggests strong buying interest, but the 200 EMA remains a major obstacle.
👑 "Patience is power. Reacting with precision makes the difference between winning and losing." — LucanInvestor
🩸 Short: Below $126, targeting $118 and $110. A failure to hold support may extend the downtrend.
🩸 Long: Above $135, targeting $145 and $150. A breakout over the 200 EMA ($137) confirms bullish momentum.
🔥 LucanInvestor's Commands:
🩸 Resistance: $135 — Key area to reclaim for further upside.
🩸 Support: $126 — Holding above this level strengthens bullish confidence.
NVDA experienced a heavy pullback but is attempting a recovery, with MACD starting to reverse upward. Volume suggests strong buying interest, but the 200 EMA remains a major obstacle.
👑 "Patience is power. Reacting with precision makes the difference between winning and losing." — LucanInvestor
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