First, $NVIDIA Corp(NVDA)$ defeated the resistance at purple trendline, which we talked about in our last study, and it retested the $ 198, only to drop to the purple trendline again, but this time, to retest it as a support level . This is another example of the Principle of Polarity in Technical Analysis . What’s more, the area around the 21 ema is another good support to work with, and the main challenge on NVDA is the resistance at $ 198.80. If NVDA defeats this resistance, we might fly to higher levels again. In addition, keep in mind that the $ 198.80 is a pivot point in the daily chart , which could take it to the ATH again, easily. We have many bullish signs on NVDA: A pivot point ; it found a support at the 38.2% Fibonacci Retracement ; and