📊 $NVDA (NVIDIA) - 4H
The asset faced an offer rejection after attempting to break through the DMD DJ - DP block ($231.00–$233.50) and test the QML zone ($230.00–$230.69). It is currently quoting at $227.58 (-1.34%), retracing in search of the immediate support flip at the $225.97 level (RBS) to try to consolidate the buyer reabsorption.
🔹 Key Levels:
• Resistance: $230.00 - $230.69 (QML / 4H Recent High) | $231.00 - $233.50 (DMD DJ - DP / Offer Block) | $235.00 (HH Macro)
• Support: $225.97 (RBS / Immediate Support Flip) | $216.50 (QML? Decision Support) | $209.50 (HL Local)
📌 Scenarios:
Bullish: Confirm support at $225.97 (RBS) and break above $230.69 will reset the move to penetrate the DMD DJ - DP offer band with projection to HH ($235.00).
Bearish: Losing the flip level at $225.97 with a 4H candle close will invalidate the immediate buy attempt, deepening the correction toward the QML? support at $216.50.
#StocksDown
The asset faced an offer rejection after attempting to break through the DMD DJ - DP block ($231.00–$233.50) and test the QML zone ($230.00–$230.69). It is currently quoting at $227.58 (-1.34%), retracing in search of the immediate support flip at the $225.97 level (RBS) to try to consolidate the buyer reabsorption.
🔹 Key Levels:
• Resistance: $230.00 - $230.69 (QML / 4H Recent High) | $231.00 - $233.50 (DMD DJ - DP / Offer Block) | $235.00 (HH Macro)
• Support: $225.97 (RBS / Immediate Support Flip) | $216.50 (QML? Decision Support) | $209.50 (HL Local)
📌 Scenarios:
Bullish: Confirm support at $225.97 (RBS) and break above $230.69 will reset the move to penetrate the DMD DJ - DP offer band with projection to HH ($235.00).
Bearish: Losing the flip level at $225.97 with a 4H candle close will invalidate the immediate buy attempt, deepening the correction toward the QML? support at $216.50.
#StocksDown
