NVDA Held Its New High Near 227.23.NVIDIA CorporationNASDAQ:NVDAvirDeStateraNVDA Held Its New High Near 227.23. NVDA broke to a new high at 227.23 and has held the gains, trading 225.75 above the 220.21 breakout level, with the hourly conviction firming back to top-quartile after cooling. The new-high breakout is holding and the trend from the August low is intact. The caution is stretch: a high-sweep and compression are active on the 4H after a long run, and earnings land on August 26 as the risk into any further extension. Holding the highs, but extended. Neutral. Resistance: 227.23 - the new high Key resistance: 229.14 - next level up Current price: 225.75 Support: 222.43 - first support Key support: 220.21 - the breakout level Structural floor: 217.73 - the trend line Two paths from here: It holds 220.21 and extends. Holding a new-high breakout with conviction firming keeps the trend running toward 229 and beyond. The uptrend is intact above 220.21. It rejects and pulls back. A stretched move with a high-sweep active can rest. A loss of 220.21 would put it back into the prior range toward 217.73. The 26th earnings is the dated risk into any new high. NVDA held its new high with conviction firming - the breakout is intact, if stretched. 220.21 is the level that keeps the trend; earnings on the 26th is the event that could end it either way. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.