🔥 LucanInvstor's Strategy: 🩸 Short: Below $133.70, targeting $130 and $125. The bullish momentum is fading; a break below key support could lead to further downside. 🩸 Long: Above $139.51, targeting $144.22 and $150. The positive MACD and price above both the 9-day and 200-day EMAs indicate strong upside potential.
🔥 LucanInvstor's Commands: 🩸 Resistance: $144.22 — A critical resistance point; a break above this could lead to a significant rally. 🩸 Support: $133.70 — A key level for bulls to defend; a breakdown could trigger downside movement.
NVIDIA is currently in a bullish setup, with strong momentum confirmed by the MACD and the price trading above key EMAs. A breakout above resistance could see significant upside, while a breakdown below support would suggest a bearish reversal.