Once again, NVDA (NVIDIA Corp.) offers another objective short entry, re-entry, or add-on here at the 129.83 resistance again. The last objective short entry was posted when NVDA had bounced back to this same 129.83 resistance in the pre-market session on June 26th (second chart below) with that pop into resistance immediately followed by a 9% drop to the top of my support/min, target zone that was previously hit for another 9%+ short trade off the 6/20 daily bearish engulfing candlestick. Previous & updated 60-minute charts below.
NVDA 60m June 24th
NVDA 60m June 26th
NVDA 60m July 8th
With two separate & distinct tags of my minimum target zone already, I suspect the next drop to that level will likely see it taken out, thereby triggering a more powerful sell signal & opening the door to the initial price target(s) that I recently posted on the more significant (for longer-term swing & trend traders) weekly chart.