NVDA at a Decision Level – Dec 1–5 Outlook

Weekly – Trend Still Up, But Losing Strength
NVDA has been riding a strong multi-month uptrend, but the last few weekly candles show the first real slowdown. A clear CHoCH formed near the recent highs, and sellers stepped in aggressively. The weekly candle closed with a long upper wick and a heavier body — signaling momentum cooling.
Important weekly zones:
* $198–200: previous weekly supply
* $176–178: weekly support where buyers stepped in
* $153–160: deeper weekly demand
* $120s: major demand if the market rolls over hard
Weekly tone → still bullish on the big structure, but fading momentum with the first signs of deeper pullback potential.

Daily – Inside a Pullback After Supply Rejection

Daily shows a sharp rejection from the supply zone near $210–215. Price broke structure downward (CHoCH), then bounced from a lower demand zone but hasn’t reclaimed the supply above.
Daily key levels:
* Resistance: $198 → $212
* Support: $177 → $172
Until price fully reclaims and holds above $198–200, NVDA stays at risk for lower continuation.
Daily tone → trapped underneath supply, struggling to regain upside momentum.

1-Hour – Sideways Grind After Breakdown

The 1H shows clean weakness:
* BOS downward
* Multiple failed retests of $182–183
* Price repeatedly rejecting the underside of the broken trendline
* Buyers only defending short-term at $176–178
The more NVDA keeps getting rejected at the same 1H resistance, the more pressure builds for a deeper dip.
Short-term 1H levels:
* Breakout: above $183 → retest $188–190
* Breakdown: below $176 → flush toward $172–170
1H tone → consolidation after rejection, leaning bearish unless buyers reclaim $183.

15-Minute – Compression Before the Next Move

The 15m chart is compressing inside a tight range after the clean BOS move earlier. This type of structure usually leads to an impulsive move.
The repeated rejection at $182–183 shows sellers defending aggressively. Buyers are only holding the short-term demand around $176–178.
15m tone → leaning bearish unless it breaks above $183 with real strength.

GEX – Options Positioning Shows the Real Pressure Points

On the NVDA GEX chart:
* Highest positive GEX: $185–187 → magnet + resistance
* 3rd CALL wall: near $190 → extension if momentum flips
* PUT walls:
* $172–175: heavy PUT support
* $160: large negative gamma zone
* $145–150: deep support if the market panics
What GEX is saying:
* Below $183, market makers lean bearish and push toward $176–172.
* A clean break above $185 can snap the chart upward into $188–190 fast due to positive gamma.
* A breakdown below $176 opens a straight path to $170–172 with momentum.
GEX aligns perfectly with the TA:
* All timeframes showing pressure from above
* GEX walls lining up with the exact levels on the 1H and 15m
* A bigger move waiting as soon as NVDA loses or reclaims the key areas

Trading Thoughts – Dec 1–5
Bullish Setup
NVDA needs a clean break + hold above $183–185.
Targets:
* Target 1: $188
* Target 2: $190 (CALL wall)
Stop zone → below $176
Call idea (only if breakout happens):
NVDA 185C / 190C, short-dated — ONLY after confirmation.

Bearish Setup
If NVDA loses $176, downside opens quickly.
Targets:
* Target 1: $172
* Target 2: $170
* Target 3: $160 (deep support on GEX)
Put idea (safer):
NVDA 172P or 170P — only valid if breakdown happens.

Overall Outlook for Dec 1–5
NVDA is sitting right at a squeeze point.
Key alignments:
* Weekly: losing momentum
* Daily: stuck under major supply
* 1H: rejecting underside of broken trendline
* 15m: compression before a direction
* GEX: clear resistance above $185 and clear support at $176 → perfect pressure map
The next move will be clean once direction confirms.
This is the type of setup where option traders shouldn’t guess — just wait for the breakout or breakdown and ride the move.

Disclaimer
This analysis is for educational purposes only, not financial advice. Always trade with proper risk management and confirmation.