Nvidia Corp. $NVDA has been consolidating since November, but is now in a bullish breakout from that consolidation range.NVDA Daily Chart(click to enlarge)Range Breakout:- As we can see on the daily chart, NVDA has been trading in a range between roughly $123.30 and $175.50.- The range narrowed in 2019. Also, within this range, price action started making higher lows and higher highs in 2019. - That could have been a warning against the bearish continuation outlook. - Then, the ability to reach back to the range resistance was also a sign that the market had some bullish bias. - Finally, the breakout confirmed the bullish take-over.Target/Resistance:- I still don't think NVDA is out of the woods. - The overall price structure is still bearish with price still under the 200-day simple moving average (SMA). - But we can't ignore the recent bullish momentum.- With both the overall price action and the more recent price action under consideration, I think we can anticipate upside towards $210. - The $200-$220 area has a lot of support/resistance pivots, and could therefore be a sticky area. - Furthermore, the daily RSI is already pushing above 70 and therefore showing overbought condition. - If price DOES retreat from this resistance area, the new support will likely be around $160-$170. Also, the RSI should hold above 40 if NVDA has indeed turned bullish again.