$NVDA Hits Key Inflection Zone – Breakdown or Breakout?

589
📍 We’ve arrived.

NVDA has reached the key reversal zone where sellers previously took control. This is the third touch, and markets rarely leave these zones without a fight.

🔍 Technical Setup:

Price has retraced to prior breakdown level.

MACD is trying to cross bullish — momentum building.

Sellers should defend here… but the recent AI narrative and Gulf chip deals could fuel a breakout.

If sellers fail to show up, we may blow straight through this level toward new highs.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.