NVDA – The Market Leader Has Been Sitting Still While Everything
By:TradingView
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Here's what most people are missing on NVDA right now.
While MU ran 69% this year. While MRVL ran 95%. While AMD ran 43%. The stock that started this entire AI trade has been basically flat. The market leader has been coiling for months while the rest of the semiconductor sector went parabolic around it.
That kind of setup — the leader lagging while the sector heats up — doesn't last forever. When the market leader wakes up, it moves fast.
─────────────────────────────────
THE SETUP
─────────────────────────────────
Four day bull flag sitting right at $204. Tight consolidation, clean pattern. Above that is the larger ATH breakout level that everyone who trades this name knows about.
This is textbook. A short-term flag inside a larger base, coiling right under the level that matters most. The pattern is giving you a defined entry with a clear stop — low of today's candle. If that level breaks you're out. Simple.
The semiconductor sector is red hot and NVDA is the engine behind all of it. Revenue was up 73% year over year last quarter. Blackwell chips are sold out through mid-2026. Jensen Huang is already projecting $1 trillion in chip demand by 2027. The fundamentals have not changed. The chart just needed time to catch up.
─────────────────────────────────
TRADE PLAN
─────────────────────────────────
Entry: Break of the 4-day flag above $204
Stop: Low of today's candle
Target: ATH and beyond
Pattern: Bull flag into ATH breakout
─────────────────────────────────
THE ONE RISK
─────────────────────────────────
The QQQ is extended. Any day we could get a 2-3% flush on the index and NVDA will feel it regardless of how good the setup looks. That's just the reality right now. Keep the stop tight, don't press size, and let the trade work. The setup is clean but the market doesn't owe anyone anything.
If it works, this is the old warrior taking the lead again. The market leader reclaiming its spot at the top of the sector. That's a powerful move when it happens.
While MU ran 69% this year. While MRVL ran 95%. While AMD ran 43%. The stock that started this entire AI trade has been basically flat. The market leader has been coiling for months while the rest of the semiconductor sector went parabolic around it.
That kind of setup — the leader lagging while the sector heats up — doesn't last forever. When the market leader wakes up, it moves fast.
─────────────────────────────────
THE SETUP
─────────────────────────────────
Four day bull flag sitting right at $204. Tight consolidation, clean pattern. Above that is the larger ATH breakout level that everyone who trades this name knows about.
This is textbook. A short-term flag inside a larger base, coiling right under the level that matters most. The pattern is giving you a defined entry with a clear stop — low of today's candle. If that level breaks you're out. Simple.
The semiconductor sector is red hot and NVDA is the engine behind all of it. Revenue was up 73% year over year last quarter. Blackwell chips are sold out through mid-2026. Jensen Huang is already projecting $1 trillion in chip demand by 2027. The fundamentals have not changed. The chart just needed time to catch up.
─────────────────────────────────
TRADE PLAN
─────────────────────────────────
Entry: Break of the 4-day flag above $204
Stop: Low of today's candle
Target: ATH and beyond
Pattern: Bull flag into ATH breakout
─────────────────────────────────
THE ONE RISK
─────────────────────────────────
The QQQ is extended. Any day we could get a 2-3% flush on the index and NVDA will feel it regardless of how good the setup looks. That's just the reality right now. Keep the stop tight, don't press size, and let the trade work. The setup is clean but the market doesn't owe anyone anything.
If it works, this is the old warrior taking the lead again. The market leader reclaiming its spot at the top of the sector. That's a powerful move when it happens.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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