·NVDA·1W
All signs point to higher, hopefully
Price is pushing back up into the prior supply zone around $194 after reclaiming the moving average cluster. The white and green MAs have curled higher and are now acting as dynamic support.
The volume profile shows a thick shelf of liquidity between $170 and $184 — that's the base I want to see hold on any pullback. Above $200 the path of least resistance is open all the way to the highs near $240.
RSI has rolled back up from the 40s into the mid-50s. Not overbought, momentum just turning.
Thesis: long while above $177. Invalidation on a weekly close back below $170. First target $220, stretch $240.