May. 12 at 4:26 PM
$NVDA $SMH $MAGS $QQQ
NVDA’s pullback (daily chart) from today's
$223.75 intraday high is occurring above the 4/27/26 strong‑candle close at
$216.61 and within the upper half of the 5/11 expansion candle, indicating digestion rather than structural weakness. Below current price, the
$213 -
$212 zone represents a minor tactical shelf, while
$208 -
$206 remains the primary daily structural shelf defined by multi‑month real‑body clusters. Daily momentum is still firmly bullish (RSI 65), but a clear bearish divergence versus the 4/27 momentum peak (RSI 76) suggests a near‑term pause or pullback. Overall, this supports normal digestion inside a strong weekly trend, with
$216.61 and
$213–212 as tactical supports and
$208 -
$206 as the key structural support zone:
