#bstockscis @BinanceCIS
$NVDAB — what’s next after a strong impulse?
After a powerful upward move, NVIDIA is now entering a zone where the likelihood of short-term consolidation or a pullback increases. The key level for buyers remains the $220–225 area. Holding this zone may form a base for the next wave with a potential move toward $230–240.
At the same time, it will be difficult to maintain such a pace of growth without local cooling. If $220 breaks down, you should expect a test of lower levels—approximately $210–215. The price’s reaction in this zone may show whether the current trend remains structurally bullish.
Another separate risk factor is NVIDIA’s upcoming earnings report on August 26: ahead of it, volatility could rise significantly.
Thus, the base scenario remains positive, but after such an impulse, I would focus more on the quality of pullbacks and volume rather than simply chasing price at the highs.
$NVDAB — what’s next after a strong impulse?
After a powerful upward move, NVIDIA is now entering a zone where the likelihood of short-term consolidation or a pullback increases. The key level for buyers remains the $220–225 area. Holding this zone may form a base for the next wave with a potential move toward $230–240.
At the same time, it will be difficult to maintain such a pace of growth without local cooling. If $220 breaks down, you should expect a test of lower levels—approximately $210–215. The price’s reaction in this zone may show whether the current trend remains structurally bullish.
Another separate risk factor is NVIDIA’s upcoming earnings report on August 26: ahead of it, volatility could rise significantly.
Thus, the base scenario remains positive, but after such an impulse, I would focus more on the quality of pullbacks and volume rather than simply chasing price at the highs.