From my observation, it appears that on the 1hr/30minute chart. A bearish triangle/pennant is forming, and about to break/confirm. Could mean we see a potential target of $54.5k to $55k buying opportunity.
Since Sep 20202, NVDA has had a strong support at roughly $512, and strong resistance at roughly $550. For a consistent swing of roughly 7.5%. Which it has shown/proven at several points now, and just repeated the cycle again this week. Allowing buying opportunities between %503-$512 and selling opportunities between $545-$550.
