NVDA: Bullish Trend with Short-term Risk
🔥 LucanInvstor's Strategy:
🩸 Short: Below $131.06, targeting $128 and $120. The MACD shows weak positive momentum, and a breakdown below support could trigger a pullback.
🩸 Long: Above $136.81, targeting $140 and $145. The price is above both the 9-day and 200-day EMAs, suggesting a continuation of the bullish trend, but resistance at $136.81 needs to be broken.
🔥 LucanInvstor's Commands:
🩸 Resistance: $136.81 — A critical resistance level; a break above this could trigger further upside.
🩸 Support: $131.06 — A key support level; a breakdown below this could lead to further declines.
Nvidia is in a strong bullish trend, confirmed by the MACD and EMAs. A breakout above resistance could lead to significant gains, while a breakdown below support may cause short-term weakness.
👑 "Clarity in strategy ensures victory."
🩸 Short: Below $131.06, targeting $128 and $120. The MACD shows weak positive momentum, and a breakdown below support could trigger a pullback.
🩸 Long: Above $136.81, targeting $140 and $145. The price is above both the 9-day and 200-day EMAs, suggesting a continuation of the bullish trend, but resistance at $136.81 needs to be broken.
🔥 LucanInvstor's Commands:
🩸 Resistance: $136.81 — A critical resistance level; a break above this could trigger further upside.
🩸 Support: $131.06 — A key support level; a breakdown below this could lead to further declines.
Nvidia is in a strong bullish trend, confirmed by the MACD and EMAs. A breakout above resistance could lead to significant gains, while a breakdown below support may cause short-term weakness.
👑 "Clarity in strategy ensures victory."
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