• Strong Support Level (Buy Zone): Following a healthy technical pullback from its recent high (~$243), NVDA is consolidating in the $180 – $186 range, approaching its long-term upward trendline support on the weekly chart.

• Trade Setup & Key Levels:

  • Entry: Accumulate positions on dips around the $180 – $185 support band near the lower boundary of the channel.

  • Target (Medium-to-Long Term): Rebound toward the $200 – $220 consolidation area, with a long-term target at the upper channel resistance near $280.

  • Stop-Loss: A weekly close below the long-term trendline support at $164.

Takeaway: This technical pullback transitions NVDA from an overbought state back into an undervalued entry zone, offering a high-conviction Risk/Reward ratio for long-term position building.