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$NVDA is showing an interesting setup 👀
Nvidia has been making a strong recovery on the 1H chart after dropping toward the $215 area.
In the screenshot, NVDA is trading around $230.40, up 0.87%, after pushing as high as $234.75.
What caught my attention is the price action:
→ $215.10 acted as a recent low
→ Price recovered strongly toward $230+
→ $234.75 is the recent high and an important resistance area
→ After that spike, price pulled back and is now holding around $230
The key question now isn't simply whether NVDA can go higher.
It's whether buyers can defend the current levels and eventually reclaim $234–$235 with strength.
If that happens, the breakout could become more interesting.
But if buyers lose momentum and price starts making lower highs, a deeper pullback could follow.
For me, the important thing here is not chasing the green candles.
Let the price show where buyers and sellers are actually willing to defend.
Patience > FOMO.
Educational only, not financial advice. DYOR.
#NVDA #Nvidia #Stocks #Trading #Investing