NVDA H4: NVIDIA Tests Buyer Confidence

Wait 5 sec.

NVDA H4: NVIDIA Tests Buyer ConfidenceNVIDIA CorporationBATS:NVDADomicChainaNVDA is not selling off aggressively, but the way price is reacting around the $208–211 area is worth attention. After rebounding from the $200 zone, the stock was quickly capped at short-term resistance, showing that buying demand is still not strong enough to push price back into higher levels. What makes me cautious is that the H4 structure has not been fully repaired. Price remains trapped below $211, while recent rallies lack momentum and volume does not show strong buyer participation. If NVDA continues to stay below $211, corrective pressure may return, sending price back to test $205 first, followed by the psychological $200 zone. This will be the key area to determine whether the previous uptrend is still being defended or if the market is entering a deeper distribution phase. With the current chart, I lean toward a bearish retest of support first. Only a clear H4 close above $211 would give the short-term structure a better chance to turn positive.