NVDA Breakout Alert! Bulls Taking Control

🚀NVDA is showing strong momentum, breaking out of a consolidation phase and eyeing key resistance levels. Here's what traders need to watch.

📊 Technical Overview:
* Current Price: $135.05
* Support Levels: $130.04, $129.09, $125.00
* Resistance Levels: $136.50, $140.00
* Trend: Bullish breakout
* Indicators:
* MACD: Bullish momentum confirmed with a strong crossover.
* Stochastic RSI: Overbought, indicating possible short-term retracement but still bullish.
* Volume: Increasing buying pressure, signaling strong interest.

📈 Key Trade Setups:
🔷 Bullish Scenario:
* A break above $136.50 could push NVDA toward $140.00 and beyond.
* Calls or stock entry above $136 targeting $140, $145+.
* Stop loss: $133.00
🔻 Bearish Scenario:
* If NVDA fails to hold $133, a pullback to $130-$129 is likely.
* Puts or short position below $130, targeting $125.
* Stop loss: $136.00

📊 Options Market Insight (GEX Analysis):

* Highest Gamma Resistance: $140
* Call Walls: $140, $145 (Potential resistance levels)
* Put Support: $130, $125 (Stronger buying interest)
* Options Sentiment: 44.3% Calls, Bullish bias

🚀 Trade Outlook:
NVDA is breaking out with strong buying momentum. If bulls push through $136.50, we could see a fast move towards $140+. However, a rejection here could bring a short-term pullback. Watch for volume confirmation and market sentiment.

📌 Final Thought: NVDA is a HOT stock on the radar, moving aggressively! Keep an eye on key levels for potential high-probability trade setups.
🔹 This analysis is for educational purposes only. Trade at your own risk!