💥Today’s rally in 
NVDA got a little extra fuel after CEO Jensen Huang spoke at Trump’s investor roundtable. From what I’m seeing on the chart, the market liked it—at least in the short term.
Let me walk you through what I’m thinking as I line up the Daily vs. 1H timeframes and weigh that against options sentiment from the GEX chart.
🕰 Daily Chart View:
Price is trying to recover inside a downtrend channel, and today’s candle is testing the breakdown zone around $110–113. Momentum is definitely building, with MACD ticking higher and Stoch RSI pushing into bullish territory. But... we’re still technically below a key breakdown trendline (starting from the $150+ level), so bulls need continuation soon or it risks another fade.
⏱ 1H Chart Analysis:
The 1-hour chart looks a lot more bullish than the daily. After breaking through $107, NVDA exploded through key levels and is now pressing against $113.96 (GEX Gamma Wall) below. That’s also the highest net positive GEX level, so we could be entering a zone of dealer hedging that resists more upside unless flows get really aggressive.
You’ll also notice IVX is elevated (58.2), IVR is low (34.8), and GEX is neutral to slightly green. There’s a CALL-heavy structure forming up to $115, with the market currently coiling beneath it.
🔁 My Thought Process:
I think the CEO's participation in the Trump investor meeting gave institutions some reassurance, and that may explain the sharp bounce from $107. However, unless we can hold above $114 and squeeze into $115–$117, I see this as more of a trader’s move than a longer-term breakout just yet.
🎯 Trade Setup Idea:
* For Calls: Wait for a clean break above $114 → potential target zone: $117–120. Stops below $110.
* For Puts: If price fails again near $113.50–114 and we see weakness into the afternoon, watch for $110 → $107 retrace.
* Neutral: If we chop under the Gamma Wall and IV remains high, premiums may decay fast — sit out unless a clean direction emerges.
🧠 Final Thoughts:
I’ll stay flexible. GEX shows us $113.96 is the tug-of-war zone right now, and if bulls can reclaim and hold above it with volume, we could shift toward a gamma squeeze. But I’m also aware it might be a fade if the momentum stalls now that the Trump headline is digested.
Disclaimer: This post is for educational purposes only and not financial advice. Always do your own research and manage your risk.
NVDA got a little extra fuel after CEO Jensen Huang spoke at Trump’s investor roundtable. From what I’m seeing on the chart, the market liked it—at least in the short term.Let me walk you through what I’m thinking as I line up the Daily vs. 1H timeframes and weigh that against options sentiment from the GEX chart.
🕰 Daily Chart View:
Price is trying to recover inside a downtrend channel, and today’s candle is testing the breakdown zone around $110–113. Momentum is definitely building, with MACD ticking higher and Stoch RSI pushing into bullish territory. But... we’re still technically below a key breakdown trendline (starting from the $150+ level), so bulls need continuation soon or it risks another fade.
⏱ 1H Chart Analysis:
The 1-hour chart looks a lot more bullish than the daily. After breaking through $107, NVDA exploded through key levels and is now pressing against $113.96 (GEX Gamma Wall) below. That’s also the highest net positive GEX level, so we could be entering a zone of dealer hedging that resists more upside unless flows get really aggressive.
You’ll also notice IVX is elevated (58.2), IVR is low (34.8), and GEX is neutral to slightly green. There’s a CALL-heavy structure forming up to $115, with the market currently coiling beneath it.
🔁 My Thought Process:
I think the CEO's participation in the Trump investor meeting gave institutions some reassurance, and that may explain the sharp bounce from $107. However, unless we can hold above $114 and squeeze into $115–$117, I see this as more of a trader’s move than a longer-term breakout just yet.
🎯 Trade Setup Idea:
* For Calls: Wait for a clean break above $114 → potential target zone: $117–120. Stops below $110.
* For Puts: If price fails again near $113.50–114 and we see weakness into the afternoon, watch for $110 → $107 retrace.
* Neutral: If we chop under the Gamma Wall and IV remains high, premiums may decay fast — sit out unless a clean direction emerges.
🧠 Final Thoughts:
I’ll stay flexible. GEX shows us $113.96 is the tug-of-war zone right now, and if bulls can reclaim and hold above it with volume, we could shift toward a gamma squeeze. But I’m also aware it might be a fade if the momentum stalls now that the Trump headline is digested.
Disclaimer: This post is for educational purposes only and not financial advice. Always do your own research and manage your risk.
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.