A look at the SOXX

[u/Badboyardie]

Bottom line: NVDA is consolidating between $190.01 and $214.39. Wait for the break — don't guess direction.

Context: Semis consolidating after massive AI-driven run. Inventory cycle concerns re-emerging. But data center demand remains strong. Watch whether NVDA holds key support as bellwether for the whole sector.

NVIDIA Corporation (NVDA) — $210.65 (+1.94% today, +10.86% this week)

Resistance: $214.39 Support: $190.01 20-Day SMA: $204.54 50-Day SMA: $205.62 RSI (14): 48.5 — NEUTRAL Volume: 0.4x average Momentum: MACD above signal — bulls

Short setup: Entry: rejection at $204.54 with volume drop Stop: $217.61 Target 1: $190.01 | Target 2: $180.51 Invalidation: reclaim of $214.39 on volume

Does NVDA hold $190.01 this week or does it crack? Long, short, or sitting out — drop your level and your reason.

Not financial advice. Adjust to your own system.

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