Technical analysis by TheTradingDoct0r about Symbol NVDAX: Buy recommendation (8/28/2025)

Traders, when the General pauses, we look to the Vanguard for clues. NVDA has been a quintessential market leader, a rocket ship charting a course through clear skies. Its current price action is a critical piece of the puzzle [/-i] for where the entire market may be headed next. The Technical Landscape The strength in this chart is undeniable. It is the definition of a stock in a powerful uptrend. [] Relative Strength: NVDA has consistently outperformed the broader market, making it a key barometer of risk appetite. [] Current Pattern: The rocket ship is refueling. Price is consolidating in an exceptionally tight and orderly pattern right below the $182 resistance level. Critically, volume has been declining during this coil—a classic sign that sellers are scarce and the next move is likely to be upward. Key Support: The launchpad for this consolidation is the support level around $170 . This area must hold for the immediate bullish structure to remain intact. The Philosophy Strength begets strength. In the market, this is a fundamental truth. To bet against an asset displaying such clear and persistent power is a low-probability endeavor. The current coil is not a topping pattern; it's a continuation pattern in waiting. It's the moment of calm before the engines reignite. While the broader market takes a breath, leaders like NVDA often complete their rest cycle first. How this pattern resolves will provide a powerful clue about the market's true intentions. We do not predict; we observe and align ourselves with demonstrated power. An Illustrative Setup The trade thesis is born from this powerful consolidation: [] The Bullish Trigger: A confirmed breakout above $182 on increased volume is the signal that the refueling is complete and the next leg of the ascent has begun. [] The Warning Signal: A failure to hold the $170 support would indicate a temporary mechanical issue, suggesting a deeper pullback is required before the journey can continue. Watch the leader. It will often show the way. Remember to just shine! Disclaimer: This is not financial advice. It is for educational and informational purposes only. Please conduct your own research and manage your risk accordingly.Hello everyone. Following up on our plan for NVDA, the moment of patience we were waiting for has arrived. The market has graciously offered the pullback to our key support level, and now is the time for disciplined execution. Thesis Confirmation & Execution As anticipated, the price has retraced to our target entry zone around $173.50, and I am now executing the long side of the trade. This "buy the dip" opportunity is exactly what the plan called for. The technicals have reset, as we hoped they would. The RSI has cooled off from overbought levels, and the MACD has completed its pullback cycle—a necessary 'exhale' before the next potential move higher. We are not catching a falling knife; we are meeting a strong trend at a logical point of support. The Trade Plan: Risk First While the upside potential is significant, our first and most important job is to manage our risk. [] Style: Long / Buy the Dip [] Entry: Around $173.50 [] Stop Loss: A tight stop is set around $167.50. [] Target: The initial target is near $193.00. Risk/Reward Ratio: Approximately 1 : 3.25 This setup respects our "lose fast" principle. If the support fails to hold, we are out with a small, manageable "paper cut" loss. We are paying a small price to see if our thesis is correct. The #limitlessTrader's Perspective The plan was set days ago. The analysis was done from a place of balance. Today's execution is merely the logical next step in a patient process. The goal now is to remain detached from the outcome, manage the trade according to the plan, and let the market do the rest. Disclaimer: This is not financial advice. It is for educational and informational purposes only. Please conduct your own research and manage your risk accordingly.This trade was stopped out for a planned, manageable loss. This is a perfect example of a "paper cut." The tight stop loss did its job: it protected our capital when the price dipped below the immediate support level. For me, a small loss like this is not a failure; it is simply data. My assessment is that the initial stop was too tight for the current volatility, but the bullish defense we saw today actually strengthens my underlying thesis. Therefore, I am re-engaging with an adjusted plan. See the new trade idea linked below for the full details.