$NVDA: First Trading Day After The Holiday. Where Does Price Go Next?
Technical Breakdown & Trade Plan
$NVIDIA(NVDA)$ enters Tuesday's post-Labor Day session holding solid upward momentum. After establishing a firm bottom around $208–$213, buyers pushed price through key resistance at $225, closing Friday at $230.36 and pushing higher in early pre-market action.
Key Scenarios for Tuesday's Session:
-
Bullish Expansion (Primary Setup): Holding above $230.00 through the opening hour confirms buyer control. A clean push on elevated volume opens a clear run toward the $234.75–$236.50 resistance zone (52-week high).
-
Healthy Retest: If early profit-taking hits, look for buyers to defend the $228.00–$228.45 level as new support before making another attempt higher.
-
Bearish Invalidation: A break below $224.00 invalidates the short-term bullish thesis, opening downside risk toward $220.00.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- LEESIMON·00:08🩷GoodLikeReport