RISK DISCLAIMER: This report is for informational and educational purposes only and does not constitute financial advice.
Trade levels (entry, stop, target) are derived from technical analysis and are not guarantees of future performance.
Always conduct your own due diligence.
Chart — NVDA 3-Hour View (2026-04-29)
▲ Falling Wedge Breakout
Volume Confirmed @ $192
Target: $235.00
RSI 57 — Bullish Momentum
3-Hour chart. The red shaded area outlines the Falling Wedge formation. The breakout through the upper resistance line (top of red zone) at $192.00 signaled the trend reversal. The dashed red line at the top indicates the primary technical target.
Ticker
NVDA
NASDAQ — NVIDIA Corp
Current Price
$209.34
Post-breakout acceleration
Breakout Level
$192.00
Former Resistance
Retest Support
$195.00
Structural Floor
Primary Target
$235.00
Technical Projection
Hard Stop
i
The 'Exit' price. If price hits this level, the breakout thesis is invalidated and the trade should be closed.
$185.00
Below wedge base
Pattern
i
Visual price structure. A 'Falling Wedge' is a bullish reversal pattern that typically leads to an explosive breakout.
Falling Wedge
Confirmed Breakout
Risk/Reward
i
Potential loss vs. profit. Calculated from current levels to the primary target.
1 : 2.5
From $209.00 entry
Key Price Level Map
Bullish Targets
Primary Breakout Target
$235.00
Measured move target based on the width of the falling wedge.
Near-Term Resistance
$215.00 – $220.00
Minor supply zone where some profit-taking may occur.
Support Zones
Current Support Shelf
$202.00 – $205.00
Immediate support area holding the current acceleration phase.
Breakout Retest Zone
$192.00 – $195.00
Major structural support. Re-entry zone if a deep pullback occurs.
Invalidation Level
$185.00
Stop loss. A close below this voids the bullish continuation thesis.
Entry Plays — Long Setups
| # | Play | Signal Type | Status | Entry Zone | Stop Loss | TP1 | TP2 (Final) | Best R/R | Trigger Condition |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
LONG-1
Breakout
|
LONG | PAST | ~$192.00 | $185.00 | $215.00 | $235.00 | 1 : 6.1 | Close above $192 resistance + volume surge |
| 2 |
LONG-2
Retest
|
LONG | PAST | ~$195.00 | $188.00 | $215.00 | $235.00 | 1 : 5.7 | Pullback to broken resistance floor |
| 3 |
LONG-3
Momentum Addition
|
LONG | LIVE / NOW | ~$209.34 | $198.00 | $225.00 | $235.00 | 1 : 2.5 | EMA9/21 bullish cross + RSI > 55 continuation |
Pine Script v6 Reference — AlertEdge.io_NVDA_Entry_Signals.pine
// Optimized for Falling Wedge Continuation
// Target: $235.00 | Support: $195.00 | Breakout: $192.00
LONG-1 Break → Orange ▲ triangle below bar | text = "BREAK↑"
LONG-2 Retest → Green ● circle below bar | text = "RETEST"
LONG-3 Momentum → Blue ↑ arrow below bar | text = "BUY"
// Alerts fire on breakout confirmation and trend continuation triggers.
// Includes support levels and primary target plots for TradingView.
// Target: $235.00 | Support: $195.00 | Breakout: $192.00
LONG-1 Break → Orange ▲ triangle below bar | text = "BREAK↑"
LONG-2 Retest → Green ● circle below bar | text = "RETEST"
LONG-3 Momentum → Blue ↑ arrow below bar | text = "BUY"
// Alerts fire on breakout confirmation and trend continuation triggers.
// Includes support levels and primary target plots for TradingView.