$NVDA (NASDAQ) — The $3.14K short liquidation at $165.87 indicates short-covering activity. NVDA is trading near $163.70, down around 5.8% today. The broader trend remains bearish, with RSI near 24, indicating oversold conditions. Immediate support is $156.80, while resistance is $165.43. Google Finance +1
EP: $157–$161 (Long only after bullish confirmation) TP1: $165.87 TP2: $172.74 TP3: $180.00 SL: $153.00
A confirmed breakout above $165.43 could support a recovery. A breakdown below $156.80 may extend the downside. High volatility — wait for confirmation and manage risk carefully.
#USJoblessClaimsRise $NVDA
EP: $157–$161 (Long only after bullish confirmation) TP1: $165.87 TP2: $172.74 TP3: $180.00 SL: $153.00
A confirmed breakout above $165.43 could support a recovery. A breakdown below $156.80 may extend the downside. High volatility — wait for confirmation and manage risk carefully.
#USJoblessClaimsRise $NVDA
