NVDA: Testing Resistance with Potential for Breakout
🔥 LucanInvestor's Strategy:
🩸 Short: Below $136.54, targeting $133 and $130. The MACD suggests bearish momentum may return if resistance holds.
🩸 Long: Above $138.04, aiming for $145 and $150. Breaking above key resistance could confirm a bullish reversal.
🔥 LucanInvestor's Commands:
🩸 Resistance: $138.04 — A critical level for bulls to break to confirm upward momentum.
🩸 Support: $136.54 — Immediate support; breaking below could signal bearish continuation.
NVIDIA (NVDA) is trading near resistance at $138.04, with MACD showing early signs of stabilization but still slightly bearish. The price remains above the 9-day EMA ($136.54) but needs strong volume to break higher. Consolidation is likely if resistance holds.
👑 "Strength lies in persistence; every resistance is a new opportunity." — LucanInvestor
🩸 Short: Below $136.54, targeting $133 and $130. The MACD suggests bearish momentum may return if resistance holds.
🩸 Long: Above $138.04, aiming for $145 and $150. Breaking above key resistance could confirm a bullish reversal.
🔥 LucanInvestor's Commands:
🩸 Resistance: $138.04 — A critical level for bulls to break to confirm upward momentum.
🩸 Support: $136.54 — Immediate support; breaking below could signal bearish continuation.
NVIDIA (NVDA) is trading near resistance at $138.04, with MACD showing early signs of stabilization but still slightly bearish. The price remains above the 9-day EMA ($136.54) but needs strong volume to break higher. Consolidation is likely if resistance holds.
👑 "Strength lies in persistence; every resistance is a new opportunity." — LucanInvestor
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