Nvidia $NVDA has been in consolidation/bearish correction mode for the past couple of months. But as we will see on the daily chart below, the overall trend is still bullish, and price is essentially testing a key support.NVDA Daily Chart(click to enlarge)Bullish Chart:- We can see that the prevailing trend is bullish.- Price is still holding above the 200- and 100-day simple moving averages (SMA).- Price is respecting the support around $220 as well as a rising trendline.- Finally, the RSI is still holding above 40. - These are all last line of defense type of support factors. - If price closes below $220 this week for example, we should anticipate further downside next week.- Otherwise, we could still be looking at more upside towards the highs around $250 with the prospect of breaking higher once the overall market sentiment recovers.