NVIDIA CORP. DL-,001 stock forum
๏ปฟ
๐ Chart Analysis:
Breakout Zone: Confirmed breakout from ~$115 โ surged to $122+
Volume Spike: Strong institutional volume on breakout
Momentum: RSI holding above 67 and rising, MACD lines expanding, ADX > 25 = trending market
๐ฏ Target Projection Update:
Based on this updated breakout structure:
Initial VCP Base Height: $115 โ $109 = $6 range
Breakout Zone: $115โ116
Current move already hit: $122 โ Target 1 achieved
๐ Now:
Target Level Basis
$124.50 Next resistance (Sept 2023 gap)
$128โ130 Psychological + 1.618 fib extension
$135+ Blue-sky zone if trend persists
๐ Key Support:
$121.00โ121.50 โ breakout retest zone
$118.75 โ gap fill zone (bulls must defend this)

