NVDA Lost 225.73 And Is Working Toward 222.43.
NVDA is at 224.92 after Tuesday's 2.01% drop took out three levels in one session, and it has now given up the 225.73 close as well. That leaves it in open space between 226.52 overhead and 222.43 below, with nothing in between that has held. Conviction is empty rather than bearish - both timeframes read neutral, participation and extension conditions are zero on both, and hourly volume sits in the 10th percentile, so this leg is drifting rather than being driven. Neutral.
Resistance: 226.52 - the level lost Tuesday
Key resistance: 229.14 - the shelf that broke first
Current price: 224.92
Support: 222.43 - the next real level
Key support: 220.21 - the trend line under it
Structural floor: 217.73 - deeper support
Two paths from here:
It reclaims 226.52 and holds. Getting back above the level that broke first would make Tuesday's flush a single-session event and put 229.14 back in question. Nothing in the current surface is pushing it there, so that reclaim has to be bought rather than drifted into.
It reaches 222.43. The space between here and that level is empty, so a continuation covers it quickly and 222.43 becomes the first real test since the flush started. Under it, 220.21 is the trend line.
Three levels lost and no volume behind the move is a combination that resolves at the next level rather than in the space between. 226.52 to repair it, 222.43 to test it.
Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS
Study, not financial advice.
NVDA is at 224.92 after Tuesday's 2.01% drop took out three levels in one session, and it has now given up the 225.73 close as well. That leaves it in open space between 226.52 overhead and 222.43 below, with nothing in between that has held. Conviction is empty rather than bearish - both timeframes read neutral, participation and extension conditions are zero on both, and hourly volume sits in the 10th percentile, so this leg is drifting rather than being driven. Neutral.
Resistance: 226.52 - the level lost Tuesday
Key resistance: 229.14 - the shelf that broke first
Current price: 224.92
Support: 222.43 - the next real level
Key support: 220.21 - the trend line under it
Structural floor: 217.73 - deeper support
Two paths from here:
It reclaims 226.52 and holds. Getting back above the level that broke first would make Tuesday's flush a single-session event and put 229.14 back in question. Nothing in the current surface is pushing it there, so that reclaim has to be bought rather than drifted into.
It reaches 222.43. The space between here and that level is empty, so a continuation covers it quickly and 222.43 becomes the first real test since the flush started. Under it, 220.21 is the trend line.
Three levels lost and no volume behind the move is a combination that resolves at the next level rather than in the space between. 226.52 to repair it, 222.43 to test it.
Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS
Study, not financial advice.
노트
Morning Update: NVDA ground down to 223.59 and closed on its low, without reaching 222.43.Neither path completed - no reclaim of 226.52, and the 222.43 test is still in front of it. Price spent the session working down the open space named this morning and finished at the bottom of it. The odd part is the conviction surface, which flipped long on both timeframes into a down close with volume in the 5th percentile behind it.
Study, not financial advice.
Mapping macro structure, custom indicators, and radial geometry.
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Mapping macro structure, custom indicators, and radial geometry.
📊 View my published scripts: tradingview.com/u/virDeStatera/
📊 View my published scripts: tradingview.com/u/virDeStatera/
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.