NVIDIA Corporation. (NASDAQ: NVDA) traded recently around $216-$222 per share, up over 3.7% to 4.3% following bullish market momentum. The rally is driven by strong institutional interest, reports that SpaceX is set to absorb a massive share of GPU shipments, and anticipation ahead of Nvidia's next earnings report.

Technical Insights:
NVIDIA is situated on downward motion, roaming on a lower support and resistance. A few days ago, we expected and predicted the breakout, unfortunately, the buyers couldn't maintain the move, at the resistance level. Price is currently making a retest, as we anticipate a buy continuation, between $214-$216.

Key Outline:
A clear buy reverse within this area, activates a long position, eyeing $230, as next potential bullish.

Thanks for reading.