$NVDA
is approaching a very interesting technical area.
The chart is forming an inverse Head & Shoulders pattern while price is testing a multi-month resistance zone.
That puts the next move in focus
A clean breakout and hold above resistance could give the bullish setup more confirmation, while rejection here would keep $NVDA range-bound and bring the neckline/support levels back into play.
I’m watching the reaction around this resistance closely rather than chasing the move.
Key level: multi-month resistance
Pattern: Inverse Head & Shoulders
Trigger: Breakout + confirmation
NVDA is at one of those spots where patience matters.
is approaching a very interesting technical area.
The chart is forming an inverse Head & Shoulders pattern while price is testing a multi-month resistance zone.
That puts the next move in focus
A clean breakout and hold above resistance could give the bullish setup more confirmation, while rejection here would keep $NVDA range-bound and bring the neckline/support levels back into play.
I’m watching the reaction around this resistance closely rather than chasing the move.
Key level: multi-month resistance
Pattern: Inverse Head & Shoulders
Trigger: Breakout + confirmation
NVDA is at one of those spots where patience matters.
