NVIDIA Corporation
Updated

NVDA eyes on $183.72 again: Golden Genesis Fib about to Break?

512
NVDA looks ready for a break out to new highs.
Beating against the Golden Genesis at $183.72
Looking for a Break-n-Run, maybe no retest even.

$195.01 is first target and should be quick.
$201.51 is next target maybe after a dip.
$177.82 is high support for bulls to hold.

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Previous analysis that gave EXACT Shorts from this Fib:
NVDA heads up at $183.72: Golden Genesis fib to mark a TOP?


Hit BOOST and FOLLOW for more such PRECISE and TIMELY charts.
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Trade active
Return Trip Complete snapshot (yellow shaded area is from posting time).

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Closer look with notes:
snapshot Earnings report did the usual spike both ways.
$ 177.82 is now KEY support for bulls to hold.
$ 183.72 remains the MAJOR Resistance to break.

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Expecting a quite Friday before Labor Day weekend.
So likely next Tuesday we will see a definitive next move.

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Trade closed: target reached
Houston: the Eagle has Landed! snapshot Perfect Fib-to-Fib move.
Just hit a DOUBLE fib zone $167.15-167.23
Expecting some form of a bounce here.

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BUT:
snapshot
We could dip TWICE as deep yet.
Red 4.236 is best guess for dip wave.
So we might be looking at $150 round.

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Thus our unwavering faith in the "Golden Ratio".
Give SPECIAL Respect to a Golden GENESIS fib.

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Note
Return Trip COMPLETE snapshot (yellow shaded area is from posting time)
Likely to break thru the Golden Geenesis this time.
Then look for a RETEST of this golden for next entry.

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