NVIDIA (NVDA): Testing New Highs—What’s Next?NASDAQ:NVDA
🔥 LucanInvestor’s Commands:
🩸 Resistance: $145.00. A breakout targets $150 and $155, marking renewed bullish momentum.
🩸 Support: $138.00. A breakdown exposes $132 and $126 as critical retracement levels.
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $145.00, aiming for $150 and $155. Sustained volume will confirm the breakout.
🩸 Short: Below $138.00, targeting $132 and $126. A drop below this support could lead to further selling pressure.
🩸 NVIDIA's MACD shows a bullish crossover, supported by its strong position above the 200 EMA. Year-to-date gains of 202.45% underscore its upward momentum, but traders should watch for confirmation at key levels to avoid false breakouts or breakdowns.
👑 "Momentum rewards those who move with strategy and courage." — LucanInvestor