In this YouTube short, trader Dave Barnhart provides a rapid intraday breakdown of Nvidia’s (NVDA) earnings surge. He highlights an extraordinary accumulation of smart‑money, citing roughly $11 billion in large time‑and‑sales prints over the past month, with multiple 10‑million‑plus blocks. Barnhart maps out bullish price targets above $226.50, outlining a ladder of resistance levels (227.50, 228.31 (R5), 230, 231.25, 232.50, 235, 236.25, 237.50) and notes that short‑term momentum is strong, as the 4‑ and 8‑period exponential moving averages are tightly coupled. On the downside, he identifies key support zones below $223, down to a floor around $215.20, and suggests stop‑loss placement around the $216‑$217 region. Throughout, he emphasizes the significance of the massive smart‑money footprint and the lack of immediate resistance, projecting a continued bullish outlook unless a sharp pull‑back occurs.
Chapters
Nvidia blew out earnings. We can see. Let's go ahead and have a look at that first. Largest prints in the last 30 days, and they are absolutely massive. Look at these: 10 million, almost 11, another 10, 3 million, 3 million, 3 million. And so what actually happened back here? July 31st was 2 million, and then it looked like they were adding to their position. There was another 3.5, 10 million in this area. Then we move up, and then at the top, it looks like a bit of a distribution. 3.3 million, and we blew through these prints. But here's something that's interesting. This one here, we tagged the print, and so we opened, came down, tagged the print, closed, and then there was another print. Then we moved up, down, and here's earnings. We're already up 16 points on that, but blown through all of these levels now. So you have $11 billion below you in this, in this case. So smart money is already in. So let's see what's actually happening. So let's map this out on the intraday. We're going to be bullish above $226.50. I had $226, but we're We're poking our way through their target. 227.50, 228.31 is R5. That's the end for the pivots. 230, 231.25, 232.50, 235, 236.25, and 237.50. There's nothing above us or nothing to stop us at the moment. We have this really nice 4 and 8 exponential moving average running together. That means the short-term momentum is really strong. So if it keeps doing this, there's no reason to get out of the trade. It might bump its head on some of these things or major dollar levels. On the downside, we're Below 223, let's get below here. So we want 223 target 220, 220, 219, 22. This three million and look at this: 217.55, 217.50. This that's another seven million and 216.85 is a ten million. Just I would probably just stop right there. Anyway, I mapped this out down to 215.20, which was this R2. This is a massive floor. Here's the post market going through all the prints, right? We pulled back to the print and then moved up. We can probably maybe come back and test this if we, if we pull back, but you've got a few billion dollars sitting right here in smart money. So we'll see what actually happens.