NVDA Completed The Repair And Broke Out To 209.

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NVDA Completed The Repair And Broke Out To 209.NVIDIA CorporationNASDAQ:NVDAvirDeStateraNVDA Completed The Repair And Broke Out To 209. The recovery went all the way. NVDA did not just clear 199.89 - it powered through the 202.20 base and the 207.59 breakdown level in one move, trading 209.42, up nearly three percent. The entire drop from two weeks ago is now erased and price is back above where it broke down. The double-bottom off 189 turned into a full V-recovery. Conviction is top-quartile with a fresh bull announcement, but euphoria and an NR7 are both showing, so the move is strong and stretched at the same time. Neutral. Resistance: 211.72 - first level overhead Key resistance: 213.43-214.49 - the prior highs Current price: 209.42 Support: 207.59 - the reclaimed breakdown level, now support Key support: 204.82 - first shelf below Structural floor: 202.20 - the reclaimed base Two paths from here: It holds 207.59 and pushes the highs. A full repair that holds the reclaimed level puts the 213 to 214 highs back in play. Reclaiming everything you lost and holding it is what a completed recovery looks like. It stalls at the highs after the run. Euphoria plus an NR7 after a near-vertical recovery is stretched. A loss of 207.59 would put the move back below the breakdown level and suggest the V-recovery needs to consolidate. The highs are resistance. NVDA erased the entire breakdown and broke back out to 209 - the double-bottom did its full work. 207.59 flipping to support is the constructive read; the caution is simply that a vertical recovery into euphoria is due a rest. Built with SYNTHESIS v3.3 | SOM / ACE / IMP / SYNTHESIS Study, not financial advice.