Chart: 1H | Symbol: NVDA (NASDAQ)
Target: $162.00
NVIDIA (NVDA) is trading inside a clear downtrend channel – but now, price action is tightening near resistance and showing signs of a bullish breakout buildup!
What We’re Seeing:
⚡ Price squeezing against channel resistance
⚡ Volume compressing – breakout potential rising
⚡ Bullish consolidation in play – breakout likely ahead
⚡ Target Zone: $162.00 – based on full channel projection
Next Move:
We need a clean breakout above the downtrend line with volume confirmation to enter long. Once confirmed, expect momentum to pick up rapidly!
TRADE PLAN:
🔔 Wait for confirmed breakout above $110.00
🎯 Target: $162.00
🛡 Stop Loss: Below $100.00 (for risk control)
Final Note:
NVDA is setting up for a big bullish breakout. Be alert, patient, and ready — this move could be massive if momentum aligns with volume!
Target: $162.00
NVIDIA (NVDA) is trading inside a clear downtrend channel – but now, price action is tightening near resistance and showing signs of a bullish breakout buildup!
What We’re Seeing:
⚡ Price squeezing against channel resistance
⚡ Volume compressing – breakout potential rising
⚡ Bullish consolidation in play – breakout likely ahead
⚡ Target Zone: $162.00 – based on full channel projection
Next Move:
We need a clean breakout above the downtrend line with volume confirmation to enter long. Once confirmed, expect momentum to pick up rapidly!
TRADE PLAN:
🔔 Wait for confirmed breakout above $110.00
🎯 Target: $162.00
🛡 Stop Loss: Below $100.00 (for risk control)
Final Note:
NVDA is setting up for a big bullish breakout. Be alert, patient, and ready — this move could be massive if momentum aligns with volume!
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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.
Related publications
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.