Technical analysis by Warner_Bear about Symbol NVDAX: Sell recommendation (6/1/2025)

1.Swept Weekly High with draw back into 4-hr gap up. 2.If price breaks below here, my target becomes the re-test of the 4-hr break due to the impulse move through that high. a.WARNING: Need to watch for support on Weekly FVG and CE of 4-hr wick and support off .382 fib. b.If target breaks below, then I would like long puts or sell calls into re-test of break as it shows rejection on the .25 fib line. 3.As we re-test this area I would like to see full support into the .50 fib/FVG. a.Why? Confluence with FVG and Fib b.Want to see a hammer style candle indicating supportok, so we swept that previous high, now the falls starts.