NVDA Aiming for 140.76?

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Generally, the Direction is downward but continues to try to rise

Uptrend Side: The price is likely to reverse and hold steady above the 107.88 resistance level. A breakout at this point could trigger a push towards the next resistance at 125.79. If the price breaks and secures a daily close above this level, it could potentially rise to 140.84, the previous peak.

Downtrend Side: If the price maintains its bearish momentum and drops below 96.20, the support breakout level, confirmed by a daily candle close, will reinforce the bearish trend. Consequently, the price is expected to move down towards the support level at 74.86.


Correction: The price is expected to decline to the support level of 96.20 as a correction, after which it is anticipated to begin a bullish trend.

Tendency Keys: 96.20

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Zlecenie aktywne

As previously mentioned, if the price stabilizes above 107.88, it is likely to reach the next resistance level at 125.79. Currently, the price is trading near this level and attempting to breach it. A successful break above 125.79 would likely extend the uptrend toward the target of 140.84.

However, be mindful of a potential price correction down to the 117.61 level, after which an upward trend may resume.

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Transakcja zamknięta: osiągnięto wyznaczony cel

As I indicated earlier, the price has reached the resistance level of 125.79 and is currently trading above this level.

The price is trading above the 125.79 level with strong upward momentum, aiming to reach the next resistance level at 140.74. Any break above this level would push the price towards the new high resistance level of 155.00.