NVDA, false break-down & catalyst

NVDA tested the support line, made a false breakdown.
In addition, news that NVDA got picked by NIO for its self-driving solution. [CATALYST]
We are after a period of balance.

All of this supports that a strong move up is possible.
Also, this pattern is very similar to AMD, before it made its huge move up...

Stop loss @ 504.96
if it gets there, there is a strong possibility that the false break-down was a CRACK, and the stock will make a large correction.