Top 5 Weekly Trade Ideas #5 - NVDA Support Test

١٥ أكتوبر ٢٠٢٤

Big sell off on NVDA and other semis after the ASML leak. NVDA just had a huge triangle breakout that nearly led to a new ATH. So far NVDA has found support here around 131.50, which is a recent low and the high from August.

If it can handle 131.50, it might be a good long for a move back up to ATH and potentially higher. If it breaks below 131.50, next target is the retest of the triangle breakout below.