$NVIDIA(NVDA)$ NVDA continues to stand out while much of big tech paused after the recent move.
Jensen Huang remains a key AI catalyst, and the price action looks more constructive. The stock is holding above the 20EMA, momentum is improving, and the MACD is showing signs of a bullish crossover as buyers defend key support. A decisive break above recent resistance could attract more institutional buying.
The initial setup risked about $1 per share. So far, the reward has already exceeded 10R. I'm staying patient until the chart tells me the trend has changed.
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