Nvidia 184 CallsNVIDIA CorporationNASDAQ:NVDAHelloUsNvidia 184 Calls 🔍 Pattern Analysis • You’ve identified an ascending triangle pattern: • Rising trendline support (black line). • Flat resistance near the $183.78 level (green box). • This is a bullish continuation pattern, especially in an uptrend like NVDA has been in. Key Levels • Current Price: ~$182.83 • Resistance / Breakout Zone: ~$183.78 (clearly marked) • Support Levels: • Short-term: $182.16, $181.49 • Risk Level (Stop): ~$178.90 • Stronger Support: $175.75, $174.57 • Target (Take Profit): ~$190.03 (marked in green) Trade Setup (Buy Breakout) • Entry: Around the breakout of $183.78 • Stop Loss: ~$178.90 (below recent lows) • Take Profit: ~$190.03 • Risk/Reward Ratio: Roughly 1:2, which is solid Volume Observation • Volume has been decreasing during consolidation, which is typical before a breakout. • Watch for a volume spike to confirm the breakout above $183.78. Risks & Notes • Price is currently near resistance; wait for a confirmed breakout (candle close above $183.78). • If it rejects this level again, a break below the ascending trendline could flip the setup bearish. • If support at $181.49 or $178.90 breaks, NVDA could pull back toward $175 or even $171. Final Thought This is a bullish setup, but confirmation is key. Either: • Enter on breakout with volume confirmation. • Or wait for a retest of $183.78 as support after the breakout.