Technical analysis by yaronsb about Symbol NVDAX on 2/3/2025

Currently, the price of NVDA is 117.81, which is below the 150 SMA (128.9). The suggested entry point is 130.84, which is safely above the SMA 150, indicating a confirmation of upward momentum. Entry Strategy: Wait for the price to break above 130.84. Ensure the SMA 150 continues to trend upward for additional confirmation. Stop Loss: Set the stop loss was at 126.97, below the SMA 150, to minimize risk. Target: Monitor the price action for key resistance levels to determine potential profit targets. Alerts: Set an alert on TradingView at 130.84 to notify you when the price breaks the entry level. NVDA