“Chip maker? More like dip maker today.”
#NVIDIA
Trend / Momentum
The stock is in a consolidation phase and range-bound lately, not in a strong runaway uptrend. However, RSI is around neutral (~52), indicating neither overbought nor oversold conditions.
Support & Resistance Levels
Support: Key support around $175–$185.
Resistance: Key resistance near $208–$220, as per recent weekly analysis marked on the chart.
Bullish to neutral overall:
Technicals suggest no runaway rally at the moment, but the long-term trend remains constructive. If NVDA breaks above $229 with volume, it could signal a strong bullish leg. On the downside, a weekly close below $175 may put pressure on the stock and trigger further weakness toward Target-1 or consolidation.
Disclaimer
High Risk Investment
Trading or investing in assets like crypto, equity, or commodities carries high risk and may not suit all investors.
Analysis on this channel uses recent technical data and market sentiment from web sources for informational and educational purposes only, not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before investing or trading.
This channel, Render With Me, is not responsible for any financial loss arising directly or indirectly from using or relying on this information.
#NVIDIA
Trend / Momentum
The stock is in a consolidation phase and range-bound lately, not in a strong runaway uptrend. However, RSI is around neutral (~52), indicating neither overbought nor oversold conditions.
Support & Resistance Levels
Support: Key support around $175–$185.
Resistance: Key resistance near $208–$220, as per recent weekly analysis marked on the chart.
Bullish to neutral overall:
Technicals suggest no runaway rally at the moment, but the long-term trend remains constructive. If NVDA breaks above $229 with volume, it could signal a strong bullish leg. On the downside, a weekly close below $175 may put pressure on the stock and trigger further weakness toward Target-1 or consolidation.
Disclaimer
High Risk Investment
Trading or investing in assets like crypto, equity, or commodities carries high risk and may not suit all investors.
Analysis on this channel uses recent technical data and market sentiment from web sources for informational and educational purposes only, not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before investing or trading.
This channel, Render With Me, is not responsible for any financial loss arising directly or indirectly from using or relying on this information.
renderwithme
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
renderwithme
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.