NVIDIA has been trading in a corrective downtrend after its recent highs, with price compressing under the red trendline. If this downtrend breaks, a strong bullish move upward could follow, but key supports below remain critical if sellers extend pressure.
🔍 Technical Analysis
Current price: 143.04 EUR (XETR).
Price is consolidating under the downtrend line, keeping short-term bias cautious.
Immediate supports: 141.40 (short-term) and 139.44 (intraday).
A break of the red trendline would flip momentum bullish.
🛡️ Support Zones & Stop-Loss (White Lines):
🟢 141.40 – Last 15m Support (High Risk)
Weak intraday defense.
Stop-loss: Below 139.44
🟠 130.84 – 4H Support (Good Entry)
Major demand zone.
Stop-loss: Below 128.2
⚪ 128.34 – Macro Base
Strong final floor if deeper correction plays out.
🔼 Resistance Levels:
🟥 Downtrend Line (Red)
The key resistance. A break above → signals bullish reversal.
Psychological resistance: 145.00
🧭 Outlook
Bullish Case: Break above trendline → upside momentum resumes, targeting 145+.
Bearish Case: Rejection under trendline + loss of 141.40 → opens path to 139.44 and 130.84.
Bias: Neutral to bullish — watching for a confirmed trendline breakout.
🌍 Fundamental Insight
NVIDIA’s latest earnings disappointed the market, with slowing revenue growth and concerns about sustainability of its AI-driven boom. Profit margins remain high, but weaker guidance has triggered selling pressure and fueled the current downtrend.
Bearish pressure: Revenue slowdown + post-earnings profit-taking.
Bullish support: Long-term AI leadership and strong market position keep investors interested on dips.
✅ Conclusion
NVIDIA is testing a critical downtrend line after weak earnings triggered a pullback. A confirmed breakout could reignite the bullish trend, but failure and a break below 141.40/139.44 opens the way toward deeper supports at 130.84.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial, investment, or trading advice.
🔍 Technical Analysis
Current price: 143.04 EUR (XETR).
Price is consolidating under the downtrend line, keeping short-term bias cautious.
Immediate supports: 141.40 (short-term) and 139.44 (intraday).
A break of the red trendline would flip momentum bullish.
🛡️ Support Zones & Stop-Loss (White Lines):
🟢 141.40 – Last 15m Support (High Risk)
Weak intraday defense.
Stop-loss: Below 139.44
🟠 130.84 – 4H Support (Good Entry)
Major demand zone.
Stop-loss: Below 128.2
⚪ 128.34 – Macro Base
Strong final floor if deeper correction plays out.
🔼 Resistance Levels:
🟥 Downtrend Line (Red)
The key resistance. A break above → signals bullish reversal.
Psychological resistance: 145.00
🧭 Outlook
Bullish Case: Break above trendline → upside momentum resumes, targeting 145+.
Bearish Case: Rejection under trendline + loss of 141.40 → opens path to 139.44 and 130.84.
Bias: Neutral to bullish — watching for a confirmed trendline breakout.
🌍 Fundamental Insight
NVIDIA’s latest earnings disappointed the market, with slowing revenue growth and concerns about sustainability of its AI-driven boom. Profit margins remain high, but weaker guidance has triggered selling pressure and fueled the current downtrend.
Bearish pressure: Revenue slowdown + post-earnings profit-taking.
Bullish support: Long-term AI leadership and strong market position keep investors interested on dips.
✅ Conclusion
NVIDIA is testing a critical downtrend line after weak earnings triggered a pullback. A confirmed breakout could reignite the bullish trend, but failure and a break below 141.40/139.44 opens the way toward deeper supports at 130.84.
⚠️ Disclaimer
This analysis is for educational purposes only and does not constitute financial, investment, or trading advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.