2/25/26
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After 8 days of choppy range bound price action, it’s finally showing some pulse and so far seems like choosing to go up, but still need to be cautious and chop might continue given NVDA’S ER today after close.
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Took out 25124, for it to continue pushing higher, need to see if the level gets defended by rebids. Next R sitting at 25165 - 25177. Next R sitting at 25210, 25260 - 25275 where I expect there will be a lot of profit taking if we get there and potentially attract some reoffers to show up.
- R: 25450 - 25460
- R: 25400 - 25420
- R: 25360
- R: 25260 - 25275
- R: 25210
- R: 25165 - 25177
- R→S (potentially if retest is held): 25120 - 25130 (Mainly 25124)
- S: 25090
- S: 25063
- S: 25040
- S: 24990 - 24996 (if lost, might go back to the chop range again)
- S: 24970 (LIS if bids don’t want to be seen as a failed attempt to break out to the up side)

