NVIDIA at a Crossroads: Breakout to $150+ or a Dip to $138
Morning, trading family! Hope you’re all doing well. Let’s chat about NVDA—things are shaping up, and it feels like we’re at a bit of a crossroads. I’ve got a few scenarios in mind, so let’s walk through them together.
Scenario 1:
If we can break above this trendline, NVDA could gather some steam and make a nice run into the 150s. That would be a pretty strong move, and if momentum holds, we could keep cruising higher from there.
Scenario 2:
There’s also the chance we dip down into the 139-138 zone first. If buyers show up here, it might just be a little reset—kind of like taking a breath before pushing higher again.
Scenario 3:
If the market decides to break below 138, we could see a deeper pullback toward 136. It might feel like a bigger drop, but that could be the market giving us a better entry point before it starts building back up.
The key here is not to get ahead of things—just let the market show us its hand. It’s all about staying patient and prepared. What do you guys think? Do we break up, or do we get a dip first? I’d love to hear your thoughts—drop a comment below and let’s talk it through.
Mindbloome Trading/ Kris
Trade What You See
Scenario 1:
If we can break above this trendline, NVDA could gather some steam and make a nice run into the 150s. That would be a pretty strong move, and if momentum holds, we could keep cruising higher from there.
Scenario 2:
There’s also the chance we dip down into the 139-138 zone first. If buyers show up here, it might just be a little reset—kind of like taking a breath before pushing higher again.
Scenario 3:
If the market decides to break below 138, we could see a deeper pullback toward 136. It might feel like a bigger drop, but that could be the market giving us a better entry point before it starts building back up.
The key here is not to get ahead of things—just let the market show us its hand. It’s all about staying patient and prepared. What do you guys think? Do we break up, or do we get a dip first? I’d love to hear your thoughts—drop a comment below and let’s talk it through.
Mindbloome Trading/ Kris
Trade What You See
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