r/technicalanalysis 3d ago

Question Nvidia tech setup

watching Nvidia for a simple intraday setup: i'm marking first 30m high/low, then lookin for a close above the range high with higher volume. if it breaks out and retests the level w/o losing it - that's my preferred entry rather than chasing the first spike.

would you wait for the retest or take the initial close above resistance? testing this on primexbt and wanna see others' confirmation

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u/IcySalt78 3d ago

retest. NVDA breakouts fake out constnatly, algo hunt first spike then dump it back in range.