$NVDA first real support on the monthly chart, as I read it sits in the 146–155 cluster. What makes this zone worth watching is that it doesn't rest on a single line. Two separate Fibonacci measurements, taken from two different waves, they are building this zone: 38.2% retracement from one swing and 61.8% retracement from the other. In DiNapoli terms that overlap is a confluence zone to which the price very often reacts. That's why 146–155 is the first place I'd look for buyers to show up.
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