NVIDIA
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NVDIA Don't Miss Out

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Overview:
NVDA is showing strong bullish momentum on the 2-hour chart, trading at $132.34 as of the latest candlestick. After a recovery from the March low of $88, the price is now testing a key resistance at $132.47. A breakout above this level could signal a continuation toward higher targets, supported by positive market sentiment and technical indicators.
Key Levels to Watch:

Resistance: $135.47

Next Target: $139.50 (psychological level and prior resistance)

Support: $116.24 (recent low, key support)

Trade Setup:

Direction: Buy on breakout

Entry: $133.50 (confirmation above resistance)

Profit Target: $139.50

Stop Loss: $125.00 (below recent pullback and 50-period MA)

Risk-Reward Ratio: 2:1 (Risk: $2.50, Reward: $5.00)

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Penafian

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