NVIDIA has slipped below the $200 mark, but this move could still be a liquidity shakeout rather than a complete trend reversal. The $188–190 zone is now the key area where buyers may step back into the market.
The long-term AI story remains strong, although tighter US export controls continue to create short-term uncertainty and volatility.
Trade Setup:
Buy Zone: $188 – $190
Stop Loss: $184
Take Profit 1: $200
Take Profit 2: $205
Take Profit 3: $206
As long as the $188 support holds, the current pullback may offer a better risk-to-reward buying opportunity rather than signalling a broader bearish trend.
The long-term AI story remains strong, although tighter US export controls continue to create short-term uncertainty and volatility.
Trade Setup:
Buy Zone: $188 – $190
Stop Loss: $184
Take Profit 1: $200
Take Profit 2: $205
Take Profit 3: $206
As long as the $188 support holds, the current pullback may offer a better risk-to-reward buying opportunity rather than signalling a broader bearish trend.
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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.