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Alright, I’ve been eyeing NVDA this week, and the setup is actually pretty clean across multiple timeframes. Let me break down what I’m seeing and what I’m thinking going into the next few sessions.
🧠 My Thought Process
So on the daily, NVDA’s been slowly crawling its way up underneath this big descending trendline. It hasn’t broken out yet, but the way it’s holding higher lows and pressing toward the top of that wedge tells me it’s gearing up. MACD’s starting to curl up, Stoch RSI is lifting — I just get the sense this thing doesn’t want to stay boxed in much longer.
I zoomed into the 1-hour, and you can see it’s still respecting that upward trendline. Price pulled back a bit but didn’t break structure — in fact, it bounced and started reclaiming some levels fast. 114–115 is the zone I’m watching. If we clear that with some conviction, I’m leaning bullish for a quick move toward 117–119.
📊 Options Flow / GEX View
Now this part gets interesting. GEX is showing some heavy call interest around 115, and that’s where we’re hovering right now. If we push above and hold, the next big call wall sits at 119, and then you’ve got the Gamma Resistance wall at 120 — that could trigger a fast pop if market makers have to start hedging aggressively.
On the flip side, HVL is at 110, so if we reject again at 115, we might get a flush down toward that level.
🛠️ How I’m Thinking About Trading It
If we break and hold over 115 → I’ll consider grabbing some short-dated calls (maybe 117c or 119c for this week), but I’ll only size in if volume confirms. → Also might just scalp commons for a move to 118–120. → Stop would be below 112.5 or the 1H trendline.
If we reject 115 and lose 113 → I’ll wait for confirmation, but I’d consider puts targeting that 110 HVL level. Not gonna force it though — want to see the trend shift first.
Final Thoughts
Not trying to front-run this — just letting the levels play out. But NVDA is in a pressure cooker, and it won’t stay quiet for long. I’ll be watching that 115 level closely. Above it, I’m bullish with targets at 117–119. If it stalls, I’ll sit back and wait to see if it gives a better entry off a pullback.
Let me know if you’re trading this too or seeing something different. Always down to compare notes.
Not financial advice — just walking through what I’m seeing and how I’d play it.
Alright, I’ve been eyeing NVDA this week, and the setup is actually pretty clean across multiple timeframes. Let me break down what I’m seeing and what I’m thinking going into the next few sessions.
🧠 My Thought Process
So on the daily, NVDA’s been slowly crawling its way up underneath this big descending trendline. It hasn’t broken out yet, but the way it’s holding higher lows and pressing toward the top of that wedge tells me it’s gearing up. MACD’s starting to curl up, Stoch RSI is lifting — I just get the sense this thing doesn’t want to stay boxed in much longer.
I zoomed into the 1-hour, and you can see it’s still respecting that upward trendline. Price pulled back a bit but didn’t break structure — in fact, it bounced and started reclaiming some levels fast. 114–115 is the zone I’m watching. If we clear that with some conviction, I’m leaning bullish for a quick move toward 117–119.
📊 Options Flow / GEX View
Now this part gets interesting. GEX is showing some heavy call interest around 115, and that’s where we’re hovering right now. If we push above and hold, the next big call wall sits at 119, and then you’ve got the Gamma Resistance wall at 120 — that could trigger a fast pop if market makers have to start hedging aggressively.
On the flip side, HVL is at 110, so if we reject again at 115, we might get a flush down toward that level.
🛠️ How I’m Thinking About Trading It
If we break and hold over 115 → I’ll consider grabbing some short-dated calls (maybe 117c or 119c for this week), but I’ll only size in if volume confirms. → Also might just scalp commons for a move to 118–120. → Stop would be below 112.5 or the 1H trendline.
If we reject 115 and lose 113 → I’ll wait for confirmation, but I’d consider puts targeting that 110 HVL level. Not gonna force it though — want to see the trend shift first.
Final Thoughts
Not trying to front-run this — just letting the levels play out. But NVDA is in a pressure cooker, and it won’t stay quiet for long. I’ll be watching that 115 level closely. Above it, I’m bullish with targets at 117–119. If it stalls, I’ll sit back and wait to see if it gives a better entry off a pullback.
Let me know if you’re trading this too or seeing something different. Always down to compare notes.
Not financial advice — just walking through what I’m seeing and how I’d play it.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.