NVDA — Trend Support Reaction

Jan 11

Hello Everyone, Followers,

Happy Sunday to all.

As always I will share 3 analysis this week that I beleive there are some opportunities.

First one is NVDIA, Lets drill down:

📌 Technical Overview
NVIDIA remains in a strong long-term uptrend and continues to respect its rising channel structure. After rejecting from the upper channel resistance, price pulled back into a high-confluence support zone. It closed the week under 50 SMA level but on the other hand over support level which is 184.

This zone has acted as a reaction area multiple times in the past — and once again buyers stepped in. Therefore I added my position on Friday as price reached this technical confluence.

🔹 Key Technical Levels
Support
184 – 185 → Current reaction zone
173 → Major demand / previous breakout base

Resistance
190 → Short-term resistance
200 → Psychological + Fib zone
212 – 216 → Upper channel resistance

🔹 Outlook
As long as NVDA holds above its rising trendline and the 173–184 support zone, the bullish structure remains intact.
A breakout above 190 would open the path back toward the upper channel. My Mid-Tem Target is 230-232 which is 0.618 Fib level.

Trend remains healthy.

🔹 My Plan
- Already bought on Friday near trend support
- Holding while price respects the rising channel
- Watching for breakout above 190
- If trendline fails, next strong support is near 173

If you enjoy and like clean, simple analysis — follow me for more.

This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.

Have a lovely Sunday to all and hopefully green trade day for next Week.

#SPX500 #NASDAQ #NVDA

Jan 12

Trade active

Closed over 184 and trend line support worked as expected. My trade is still active, expecting ot reach 190 short term.

Jan 14

Note

Closed under 184 but last 10 mins gain Momemtum. Tomorrow is important now, if it will close again 184 then i can think about Stop-loss

Jan 18

Note

190 is strong resistance, I beleive it will break it soon. Therefore I opened new positions on Friday before market closed. Lets see how it will react from Channel support on Monday

Jan 27

Note

we are back to game and Today it tried to break 190 . I Hope this week it will break this level. Lets see :)

Jan 29

Note

What a day , 2nd close over 190 , so I am optimistic for next week