I've been cautious with $NVDA recently as the weekly BX trend indicator turned 🔴, indicating dominant selling pressure.

We noticed a head and shoulders pattern on the daily chart and I anticipated a drop to $120. Although that scenario remains possible, we can't ignore the bullish momentum now appearing on the daily chart.

Should we breach the $140 mark, an early breakout could be in the cards. I'm waiting for confirmation from the weekly chart, but for those holding long positions, this is a promising development.