Chart of the day

NVDA is testing the rising wedge support 449 and could extend lower to 295 in the case of a confirmed break below.

We are in the process of a five-upside wave completion. A confirmed break below yesterday's low of 445 would ensure that a medium-term top is in place and a swing lower to a key downside resistance of 315 followed by 295 would take place. A bounce here would lead to another test of 510.

The long trades, you can open only upon a confirmed break above 465. Short trade entries you can open upon a break below 445 with the stop loss just above 465. You can buy puts as well.