đĽ $NVDA.US â BREAKOUT MODE OR PULLBACK?
Nvidia just closed at $238.90 (+2.12%), hitting a fresh record close as AI momentum continues to drive the stock higher. The technical picture remains bullish, with major moving averages still signaling strength. ďż˝
Reuters +1
đ KEY LEVELS TO WATCH
đ˘ Support: $235â$236
đ˘ Major Support: $232â$234
đ´ Resistance: $240â$242
đ Breakout Target: $250 â $260â$265
đ BULLISH SCENARIO
If $240â$242 breaks and holds with strong volume:
âĄď¸ $250
âĄď¸ $260
âĄď¸ $265+
A sustained breakout could open the door to another strong leg higher. Recent technical analysis also points to the $261.84â$265.30 area as a potential upside zone. ďż˝
FXEmpire
đť BEARISH SCENARIO
If NVDA gets rejected around $240â$242:
âĄď¸ First watch $235â$236
âĄď¸ Then $232â$234
âĄď¸ Losing $232 could signal a deeper pullback
đŻ MY BIAS
Bullish above $235.
But I want to see a clean breakout and hold above $240â$242 before expecting the next major move.
đ NVDA bulls â whatâs your next target?
$250, $265, or $300? Drop your target below đ
#NVDA #NVIDIA #Stocks #StockMarket #WallStreet
Nvidia just closed at $238.90 (+2.12%), hitting a fresh record close as AI momentum continues to drive the stock higher. The technical picture remains bullish, with major moving averages still signaling strength. ďż˝
Reuters +1
đ KEY LEVELS TO WATCH
đ˘ Support: $235â$236
đ˘ Major Support: $232â$234
đ´ Resistance: $240â$242
đ Breakout Target: $250 â $260â$265
đ BULLISH SCENARIO
If $240â$242 breaks and holds with strong volume:
âĄď¸ $250
âĄď¸ $260
âĄď¸ $265+
A sustained breakout could open the door to another strong leg higher. Recent technical analysis also points to the $261.84â$265.30 area as a potential upside zone. ďż˝
FXEmpire
đť BEARISH SCENARIO
If NVDA gets rejected around $240â$242:
âĄď¸ First watch $235â$236
âĄď¸ Then $232â$234
âĄď¸ Losing $232 could signal a deeper pullback
đŻ MY BIAS
Bullish above $235.
But I want to see a clean breakout and hold above $240â$242 before expecting the next major move.
đ NVDA bulls â whatâs your next target?
$250, $265, or $300? Drop your target below đ
#NVDA #NVIDIA #Stocks #StockMarket #WallStreet
