🔶 Downside structure
Looking at NVDA on the daily chart, one level clearly stands out on the downside:
170 PUT support, where price has bounced multiple times in the past. This level has been well defended by put positioning, creating a solid structural floor. 🔴
🔶 Consolidation behavior
Over the past weeks, price spent a considerable amount of time sitting on the 50-day moving average, repeatedly testing it from below but failing to break through decisively. That dynamic now appears to be changing. NVDA is starting to push higher, suggesting a potential breakout from this consolidation range. 🟢
🔶 Upside reference level
If this breakout holds, the next key level to watch is 200 Call Resistance. This is currently the largest Call Resistance on the board, and it also aligns with an 8/8 MM level, adding technical confluence to the zone. 🟢
🔶 Options sentiment context
What’s important here is sentiment:
🔵 Call Pricing Skew is currently minimal, meaning the options market is not aggressively positioned for upside yet. This keeps the move cleaner and reduces the risk of an overcrowded bullish trade. In other words, this is not a euphoric call-heavy environment, which often allows price to travel further if momentum builds.
🔶 Scenario
🟢 If NVDA successfully breaks out of this consolidation and holds above the 50-day MA, a move toward the 200 Call Resistance becomes a very realistic upside target.
🔶 Key levels
Not financial advice — just a clean structure driven by price, positioning, and option market context.
Looking at NVDA on the daily chart, one level clearly stands out on the downside:
170 PUT support, where price has bounced multiple times in the past. This level has been well defended by put positioning, creating a solid structural floor. 🔴
🔶 Consolidation behavior
Over the past weeks, price spent a considerable amount of time sitting on the 50-day moving average, repeatedly testing it from below but failing to break through decisively. That dynamic now appears to be changing. NVDA is starting to push higher, suggesting a potential breakout from this consolidation range. 🟢
🔶 Upside reference level
If this breakout holds, the next key level to watch is 200 Call Resistance. This is currently the largest Call Resistance on the board, and it also aligns with an 8/8 MM level, adding technical confluence to the zone. 🟢
🔶 Options sentiment context
What’s important here is sentiment:
🔵 Call Pricing Skew is currently minimal, meaning the options market is not aggressively positioned for upside yet. This keeps the move cleaner and reduces the risk of an overcrowded bullish trade. In other words, this is not a euphoric call-heavy environment, which often allows price to travel further if momentum builds.
🔶 Scenario
🟢 If NVDA successfully breaks out of this consolidation and holds above the 50-day MA, a move toward the 200 Call Resistance becomes a very realistic upside target.
🔶 Key levels
- 🔴 PUT Support: 170
- 🔵 Trigger: Sustained breakout above the 50-day MA
- 🟢 Upside Target: 200 Call Resistance (8/8 MM)
Not financial advice — just a clean structure driven by price, positioning, and option market context.
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✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
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Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Boost up your charts with Options PRO!
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
REAL Options metrics for over 200+ liquid US symbols:
✔ 𝗔𝘂𝘁𝗼-𝗨𝗽𝗱𝗮𝘁𝗶𝗻𝗴 𝗚𝗘𝗫 𝗹𝗲𝘃𝗲𝗹𝘀
✔ GEX ✔ IVRank ✔ CALL/PUT skew ✔ Volatility✔ Delta curves
👉 7-day TRIAL 🌐 TanukiTrade.com
Похожие публикации
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.