NVDA Weekly K-Line Trade Plan
$NVDA.US
Market Structure
The weekly chart shows a strong bullish trend. NVDA has moved from around $196.75 to $224+, creating higher highs and higher lows.
Current price: $223.93
Key resistance:
$224.76 — immediate breakout level
$226.17 — major near-term resistance
Key supports:
$215.89 — first important support
$205.62 — secondary support
$196.75 — major trend support
LONG / BUY Setup
Aggressive Entry: $222–224
Breakout Entry: Above $226.20 after a strong candle close
Stop Loss: $215.50
Targets:
TP1: $230
TP2: $238
TP3: $245
Extended target: $255
Trade management: After TP1, consider moving the stop toward breakeven and trailing beneath higher lows.
Pullback Strategy
If NVDA fails to break $226 and pulls back:
Buy Zone: $216–219
Stop Loss: $210.50
Targets: $226 → $235 → $245
A successful hold of $215.89 would keep the bullish structure intact.
SHORT / Bearish Scenario
Do not short simply because price is near resistance.
A bearish setup becomes more credible if the weekly candle rejects the $224–226 area and subsequently closes below $215.89.
Short Entry: Below $215.50
Stop Loss: $226.50
Targets: $205.62 → $200 → $196.75
K-Line Reading
The chart shows sustained buying pressure with relatively shallow pullbacks. The latest candles are consolidating close to the highs, which is generally constructive. However, $224.76–226.17 is the key decision zone.
Bullish trigger: Weekly close above $226.17 + strong volume
Neutral: Price remains between $216 and $226
Bearish trigger: Weekly close below $215.89
Best Trade Plan
Preferred: Wait for a confirmed breakout above $226.17, then enter on the breakout/retest rather than chasing the first spike.
Risk: Keep each trade's risk small and size the position according to the distance between entry and stop. The chart alone does not provide volume, RSI, MACD, or fundamental data, so those should be checked before execution.
Bias: BULLISH — breakout above $226.17 could open the path toward $230–245.#SenateReadiesSeptemberCLARITYActVote
$NVDA.US
Market Structure
The weekly chart shows a strong bullish trend. NVDA has moved from around $196.75 to $224+, creating higher highs and higher lows.
Current price: $223.93
Key resistance:
$224.76 — immediate breakout level
$226.17 — major near-term resistance
Key supports:
$215.89 — first important support
$205.62 — secondary support
$196.75 — major trend support
LONG / BUY Setup
Aggressive Entry: $222–224
Breakout Entry: Above $226.20 after a strong candle close
Stop Loss: $215.50
Targets:
TP1: $230
TP2: $238
TP3: $245
Extended target: $255
Trade management: After TP1, consider moving the stop toward breakeven and trailing beneath higher lows.
Pullback Strategy
If NVDA fails to break $226 and pulls back:
Buy Zone: $216–219
Stop Loss: $210.50
Targets: $226 → $235 → $245
A successful hold of $215.89 would keep the bullish structure intact.
SHORT / Bearish Scenario
Do not short simply because price is near resistance.
A bearish setup becomes more credible if the weekly candle rejects the $224–226 area and subsequently closes below $215.89.
Short Entry: Below $215.50
Stop Loss: $226.50
Targets: $205.62 → $200 → $196.75
K-Line Reading
The chart shows sustained buying pressure with relatively shallow pullbacks. The latest candles are consolidating close to the highs, which is generally constructive. However, $224.76–226.17 is the key decision zone.
Bullish trigger: Weekly close above $226.17 + strong volume
Neutral: Price remains between $216 and $226
Bearish trigger: Weekly close below $215.89
Best Trade Plan
Preferred: Wait for a confirmed breakout above $226.17, then enter on the breakout/retest rather than chasing the first spike.
Risk: Keep each trade's risk small and size the position according to the distance between entry and stop. The chart alone does not provide volume, RSI, MACD, or fundamental data, so those should be checked before execution.
Bias: BULLISH — breakout above $226.17 could open the path toward $230–245.#SenateReadiesSeptemberCLARITYActVote