To The Moon

I wrote about NVDA possible break of all time high here: https://ttm.financial/post/447591210709384.

NVIDIA ( $NVIDIA(NVDA)$ ) has surged to new all-time highs, crossing above a key resistance near USD 152.85. The strong breakout reflects ongoing bullish momentum as the stock continues to benefit from AI and chip sector tailwinds.

To estimate potential upside levels, two common methods are used (we can’t use historical price levels as this is a ATH):

1. Measured Move – projects the height of the previous range.

2. Fibonacci Extension – uses key ratios to estimate price targets beyond resistance.

Target Calculations:

• Measured Move:

  Base Low: USD 86.92

  Breakout Level: USD 152.85

  Range: 152.85 – 86.92 = 65.93

  Projected Target: 152.85 + 65.93 = USD 218.78

• Fibonacci Extensions from recent swing (86.92 to 152.85):

  1.272 extension: USD 170.32

  1.618 extension: USD 192.91

  2.0 extension: USD 217.84

Confluence Zone:

Both methods suggest a target zone near USD 217–219, which may act as a future resistance.

Using DLCs for Short-Term Trading

• For bullish momentum, traders may consider Long DLCs ( $NVDA 3xLongSG261006(NVIW.SI)$ ) to gain leveraged exposure.

• If price moves into resistance zones and shows reversal patterns, Short DLCs ( $NVDA 3xShortSG261006(NVDW.SI)$ ) may be used to trade potential retracements.

• Always manage risk. DLCs are leveraged products and are not suitable for all investors.

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