Good morning, trading family.
NVIDIA just hit a big level, and now we’re seeing it pull back. Here’s what I’m watching:
1️⃣ First stop looks like $134.75.
2️⃣ From there, it could go one of two ways:
We get a bounce, and NVIDIA pushes back up to the $160s.
Or, it keeps sliding to $128-$130.
If those levels don’t hold, we could see it drop even further to $118.
This is one of those times where it’s all about watching the levels and letting the chart tell us the next move. Trade what you see.
What do you think—are we bouncing or dropping lower? Let me know your take below, and hit like and follow if this breakdown helps.
Kris/ Mindbloome Exchange
NVIDIA just hit a big level, and now we’re seeing it pull back. Here’s what I’m watching:
1️⃣ First stop looks like $134.75.
2️⃣ From there, it could go one of two ways:
We get a bounce, and NVIDIA pushes back up to the $160s.
Or, it keeps sliding to $128-$130.
If those levels don’t hold, we could see it drop even further to $118.
This is one of those times where it’s all about watching the levels and letting the chart tell us the next move. Trade what you see.
What do you think—are we bouncing or dropping lower? Let me know your take below, and hit like and follow if this breakdown helps.
Kris/ Mindbloome Exchange
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