$NVTS is on a absolute heater, up 40% since Jan 1st as the market prices in the Nvidia AI data center win. 📈⚡️
The tape is screaming bullish with a clean break above the $10 psychological level on high relative volume. While the RSI at 77 warns of a potential breather, the technical structure has shifted aggressively with the short-term averages now leading the way. If the bulls can hold the double-digit floor, we could be looking at a retest of the $12+ resistance zones very soon.
Key Levels to Confirm: 🐂 Bulls: Must defend the $10.16 – $10.19 support shelf to maintain the current parabolic trajectory and target $12.25. 🐻 Bears: Need a daily close below $9.79 (S1) to confirm an "overbought" reversal and target a fill of the gap toward the 50-day SMA at $8.48.
#hovdid
https://i.redd.it/gcz4uv8it0eg1.jpeg
Posted by Effective_Sense962