NVIDIA's chart is telling an interesting story right now. The stock's been hanging around this volume shelf zone - basically a critical support level where significant trading activity has clustered. Think of it as a coiled spring.
What's catching attention? That $212 mark. If momentum builds from this consolidation phase, we're looking at a run toward previous peak levels. The volume shelf often acts as a springboard when buyers step in with conviction.
Key level to watch: Can bulls defend this zone and trigger the next leg up?
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SelfRugger
· 2h ago
Is the spring about to snap? Can the 212 level really be broken? Feels like the bulls are a bit weak.
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NFTBlackHole
· 2h ago
The spring is compressed so tightly, it feels like it's about to explode... Whether 212 can break through is the key.
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ContractTester
· 2h ago
No matter how tightly the spring is pulled, someone still has to take over. Is 212 set just like that?
NVIDIA's chart is telling an interesting story right now. The stock's been hanging around this volume shelf zone - basically a critical support level where significant trading activity has clustered. Think of it as a coiled spring.
What's catching attention? That $212 mark. If momentum builds from this consolidation phase, we're looking at a run toward previous peak levels. The volume shelf often acts as a springboard when buyers step in with conviction.
Key level to watch: Can bulls defend this zone and trigger the next leg up?