NVDA heads up at $148.64 then 151.86: Before and After 150 round

6 Kas 2024

NVDA has some major landmarks near 150 round.
Early selling could start a pullback from $148.64
Stop hunts above psych val could pop to $151.86

Of course, 150 round number will be a battle.
But the fib levels show the SUM of all decisions.
So we look for topping signs (or not) at our fibs.

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7 Kas 2024

İşlem aktif

Here we are:

First serious barrier at $148.64.

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Zoom in (m1)

That is what I call a PING, from:
"Give me a ping Vasilly, One Ping Only"

And my rule about pings:
"Not every Ping starts a Reversal,
but Most reversals start with a Ping"

Lets see if these develops into a significant dip.
If we wave develops, I will measure for targets.

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4 Ara 2024

İşlem kapandı: hedefe ulaştı

Gorgeous Fibnastics moves

(yellow shaded area is from posting time).
Shorts closed, flipped to longs.

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Zoom in a bit with notes

We got a "Bull Trap" spike above resistance and then a dump.
The drop cascaded down to our mapped support cluster of ivbs.
In the zone we got a PING (exact bounce) on the Genesis fib.

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So now we watch $148.64

Sister of the Genesis fib that bounced us.
What happens there will be quite telling.

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