NVIDIA (NVDA) Daily Analysis

NVIDIA (NVDA) Daily Analysis

On the daily time frame, NVIDIA has already broken out of a triangle pattern and is now forming a potential head and shoulders pattern. Here’s the breakdown of the current structure:

Gray support zone: A critical level to monitor. If this level breaks, the next significant support is the purple support zone, which also aligns with the Point of Control (POC) at this level.
If the price retraces to the purple support zone, it could present a potential entry opportunity with proper confirmation.

Based on the projection from the triangle breakout, the green zone remains a key target for later upward momentum.

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