NVIDIA 2-21🔥 Market Overview:
Trend: Bullish, but facing consolidation near resistance.
Key Levels:
Resistance: $143.90, $145.00.
Support: $139.50, $137.00.
Indicators:
MACD: Weak bullish momentum, indicating a possible slowdown.
RSI: 57.29, approaching overbought conditions.
Supertrend: Bullish, but a potential pullback is forming.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping
Buy near: $140.00, targeting $143.50 (+2.5%).
Sell near: $143.90, targeting $140.50 (-2.4%).
Stop-loss: Below $138.90.
🩸 2. EMA Pullback Scalping
Buy near: $139.50 (EMA 9), targeting $142.50 (+2.1%).
Sell near: $143.90, targeting $140.00 (-2.7%).
Stop-loss: Below $138.50.
🩸 3. Breakout Scalping
If $143.90 breaks, enter long toward $145.00 (+2.0%).
If $139.50 fails, short toward $137.00 (-2.7%).
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If price holds above $139.50, the uptrend remains intact with a target of $145+.
If it breaks below $137.00, expect a deeper correction.
Consolidation is likely before the next big move.
🔥 News & Market Context:
NVIDIA earnings report is scheduled for February 26, increasing market volatility.
Options traders are pricing a 9.12% move, signaling high expectations.
AI sector remains a driving force, keeping bullish sentiment strong.
🔥 Decision:
🩸 Short-term: Scalping the $139.50–$143.90 range is ideal.
🩸 Mid-term: Wait for earnings before taking larger positions.
🩸 Ideal Play: Trade range-bound setups while monitoring volatility.
👑 Final Verdict:
Volatility is fuel for the skilled. Those who hesitate become liquidity—move with intent.
🔥 LucanInvestor:
"In a market driven by momentum, only the decisive thrive. Indecision is an invisible loss."