NVDA 6H TECHNICAL ANALYSIS ๐
OVERALL TREND
๐ UPTREND โ The chart confirms an early-stage recovery from a key pivot low (April 22), with moderate confidence (4.8%). The structure is forming higher lows, and price is currently above several critical short-term MAs. Trend Score sits at +0.10.
๐RESISTANCE ZONE
๐ฏENTRIES & TARGETS
๐SUPPORT ZONE
โ๏ธSTRUCTURAL NOTES
๐TRADE OUTLOOK
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE TREND FOLLOW:
โ Entry: 97.01
โ TP: 108.57 / 119.87 / 127.72 / 139.82
โ SL: Below 86.62
AGGRESSIVE REVERSAL:
โ Entry: 86.62 (Pivot Low Defense)
โ TP: 97.01 / 108.57
โ SL: Below 83.00
โDiscipline | Consistency | PAY-tienceโขโ
OVERALL TREND
๐ UPTREND โ The chart confirms an early-stage recovery from a key pivot low (April 22), with moderate confidence (4.8%). The structure is forming higher lows, and price is currently above several critical short-term MAs. Trend Score sits at +0.10.
๐RESISTANCE ZONE
- ๐ด 153.1300 โ SELL STOPLOSS | PIVOT HIGH
- ๐ด 149.8423 โ SELL ORDER 2
- ๐ด 143.18875 โ SELL ORDER 1
๐ฏENTRIES & TARGETS
- ๐ฏ 139.8280 โ EXIT BUY & TP 4
- ๐ฏ 127.7263 โ BUY ORDER & TP 3
- ๐ฏ 119.8750 โ BUY ORDER & TP 2 | MID PIVOT
- ๐ฏ 108.5705 โ BUY ORDER & TP 1
๐SUPPORT ZONE
- ๐ข 97.0121 โ BUY ORDER 1
- ๐ข 89.9455 โ BUY ORDER 2
- ๐ข 86.6200 โ BUY STOPLOSS | PIVOT LOW
โ๏ธSTRUCTURAL NOTES
- Recent bounce from 86.62 pivot low signals strong bullish interest
- Key reentry occurred above 97.01, aligning with short-term moving averages
- All major short-term and mid-range MAs (10โ100) are BUY-rated
- Oscillators mixed: MACD and Ultimate Oscillator lean bullish, while Momentum and Williams %R flash caution
- Ichimoku Base Line neutral โ awaiting trend confirmation
- Hull MA diverges from other MAs โ short-term caution on overheated price
๐TRADE OUTLOOK
- ๐ Bullish bias toward TP3 @ 127.72 and TP4 @ 139.82
- ๐ Short-term pullback likely at 108.57 or 119.87 โ use dips as potential reentry
- ๐ Watch for rejection near 143.18โ153.13 to reassess continuation vs correction
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE TREND FOLLOW:
โ Entry: 97.01
โ TP: 108.57 / 119.87 / 127.72 / 139.82
โ SL: Below 86.62
AGGRESSIVE REVERSAL:
โ Entry: 86.62 (Pivot Low Defense)
โ TP: 97.01 / 108.57
โ SL: Below 83.00
โDiscipline | Consistency | PAY-tienceโขโ
Professor C. E. Ward
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.
Professor C. E. Ward
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.