Scalping & Mid-Term Analysis for NVIDIA
Market Overview:
Trend: NVIDIA is in a strong uptrend, recovering after a pullback.
Key Levels:
Resistance: $140 - $142
Support: $132 - $133 (weak), $127 (stronger)
Indicators:
MACD: Bullish momentum, but slightly overextended.
EMA: NVDA is above the 200 EMA, confirming bullish dominance.
RSI: At 70.69, indicating near overbought territory.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (Trending Market)
Why? NVIDIA is rallying with strong bullish pressure.
How?
Buy near $135 - $136, aiming for a scalp to $140 - $142.
Sell near $142, as resistance may slow down momentum.
Stop-loss below $134, in case of a pullback.
🩸 2. Breakout Scalping (If Resistance is Broken)
Trigger: A breakout above $142 or breakdown below $133.
Execution:
If NVDA breaks $142, scalp long targeting $145 - $148.
If NVDA drops below $133, scalp short to $127 - $125.
🩸 3. EMA Scalping
Why? NVDA is testing the 9 EMA for support, meaning dips could be buy opportunities.
Execution:
Buy on EMA bounce (~$135 - $136) for a quick move higher.
Short if price rejects resistance (~$140 - $142).
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
Strong recovery from support, signaling buyers are in control.
RSI near overbought levels, meaning a pullback is possible before continuation.
If NVDA doesn’t break $142+, expect a retrace to $133 - $127 before another leg up.
Only a break above $145 will confirm further bullish extension.
🔥 News & Market Context:
Tech sector strength driving NVDA, adding to momentum.
Earnings season approaching, could introduce volatility.
Market sentiment remains risk-on, favoring further upside.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping is viable, but watch resistance at $140 - $142.
🩸 Mid-term: Bullish unless NVDA fails to hold above $133.
🩸 Ideal Play: Scalp long on dips but lock profits near resistance.
👑 Final Verdict:
NVIDIA is strong, but a pullback to $133 - $127 is possible before a breakout. Above $142, expect $145+ next. 🔥
Trend: NVIDIA is in a strong uptrend, recovering after a pullback.
Key Levels:
Resistance: $140 - $142
Support: $132 - $133 (weak), $127 (stronger)
Indicators:
MACD: Bullish momentum, but slightly overextended.
EMA: NVDA is above the 200 EMA, confirming bullish dominance.
RSI: At 70.69, indicating near overbought territory.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping (Trending Market)
Why? NVIDIA is rallying with strong bullish pressure.
How?
Buy near $135 - $136, aiming for a scalp to $140 - $142.
Sell near $142, as resistance may slow down momentum.
Stop-loss below $134, in case of a pullback.
🩸 2. Breakout Scalping (If Resistance is Broken)
Trigger: A breakout above $142 or breakdown below $133.
Execution:
If NVDA breaks $142, scalp long targeting $145 - $148.
If NVDA drops below $133, scalp short to $127 - $125.
🩸 3. EMA Scalping
Why? NVDA is testing the 9 EMA for support, meaning dips could be buy opportunities.
Execution:
Buy on EMA bounce (~$135 - $136) for a quick move higher.
Short if price rejects resistance (~$140 - $142).
🔥 Mid-Term Trend Forecast (1-3 Weeks)
Bias: Bullish → Neutral
Why?
Strong recovery from support, signaling buyers are in control.
RSI near overbought levels, meaning a pullback is possible before continuation.
If NVDA doesn’t break $142+, expect a retrace to $133 - $127 before another leg up.
Only a break above $145 will confirm further bullish extension.
🔥 News & Market Context:
Tech sector strength driving NVDA, adding to momentum.
Earnings season approaching, could introduce volatility.
Market sentiment remains risk-on, favoring further upside.
🔥 Decision: Enter or Stay Out?
🩸 Short-term: Scalping is viable, but watch resistance at $140 - $142.
🩸 Mid-term: Bullish unless NVDA fails to hold above $133.
🩸 Ideal Play: Scalp long on dips but lock profits near resistance.
👑 Final Verdict:
NVIDIA is strong, but a pullback to $133 - $127 is possible before a breakout. Above $142, expect $145+ next. 🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.