NVDA at a Critical Level – Breakout or Trap?
$NVIDIA(NVDA)$ at a Critical Level – Breakout or Trap?
NVDA must break and hold over $140—if not, we could see another sell-off.
📉 Red flag: The monthly BX closed red to end January. This usually signals multi-month consolidation or a deeper pullback.
📍 We expected a breakout to $140, but this could be a trap within the weekly market bias.
Let’s break down my game plan and whether this is just another fakeout. 📺👇
For now, I’ll keep watching the weekly chart over the next few months before deciding when to time a long position. Let’s see how this plays out.
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