CoreWeave's 26% Pop Lifts Memory and Chips: My Map for WDC, Nvidia, Circle and CrowdStrike

CoreWeave (CRWV) jumped about 26% on Wednesday, November 11, after a third-quarter beat and a raised full-year outlook, and that report is pulling the beaten-up memory and chip charts up with it. Western Digital, CoreWeave and Nvidia are rebounds running toward overhead resistance, so I'm mapping where sellers wait rather than chasing them. Circle is the long I still like from its two-factor support, and CrowdStrike carries the only short zone I'm waiting for, at $263 to $265. My chart reads are from about 1 p.m. ET.

Western Digital (WDC): Gap Fill and Trendline Resistance Near $395

Looking at Western Digital (WDC) first. WDC sold off early and wicked straight into the trend line it broke down from when it gapped lower last week. That line runs from July 17, and a run of wick lows found support on it before the gap. Price has since pushed back above it, so the return to the scene of the crime held as a floor. Intraday, WDC is trying to fill the gap overhead and leaning on pivots from earlier in March. If it pushes higher, I expect a pullback around $324.

For the rest of the week, the $374.02 low pivot is resistance. The bigger level is the gap fill at $395.41. A green body candle closed there, and the next session, a Friday, gapped down and left the gap on the chart. Price tends to come back and fill these over time, and the buyers trapped up there are sellers on the way back. That gap also lines up with a downsloping trend line from July 31, which would test around $375 to $390 as WDC tries to reclaim the downsloping wedge. It could take a couple of days to get there.

Months out, the long-term trend line from November 21, 2025, cleanly acted as support until WDC broke down from it in early October. Reclaiming it is major resistance, and a sustained memory run puts $460 to $480 on my map, depending on how vertical memory can go. On WDC these are resistance levels to watch, not a chase entry.

$324: intraday pullback level $374.02: low pivot resistance $375 to $390: downsloping trend line from July 31, $395.41: gap fill, trapped buyers $460 to $480: long-term trend line reclaim zone

CoreWeave (CRWV): 26% Earnings Rally Faces Four Resistance Levels

Next one, CoreWeave, the stock driving the group. The question I was watching was whether CoreWeave could produce against its backlog, and to me this report showed it can. Just last week the stock was pressing into downside price discovery, so I'm only mapping resistance here.

The first level is a major pivot from April 2, 2025, at $64.62. Once CRWV broke below it, every attempt to reclaim it got shut down with wicks. It sat about 4% above price when I looked, and after a 26% move I'm not sure the stock has enough left to reach it on Wednesday, so I'm watching it into the week. Above that, a white downsloping trend line from January 28, has flipped from support to resistance after price broke down and got rejected trying to reclaim it. It would test around $67.50 to $68 later this week. Right above sits an unfilled gap near $69, left when a green body candle closed and the next session gapped down. The last level is a low pivot at $74, lining up with a wide range green bar. Each of these is a spot where I expect sellers to show up, not a place to chase the pop.

$64.62: April 2, 2025 major pivot $67.50 to $68: downsloping trend line from January 28, Near $69: unfilled gap $74: low pivot and wide range green bar

Nvidia (NVDA): $170 Support Holds as $186.64 Resistance Comes Into Focus

Looking at Nvidia (NVDA), up about 4.6% as of about 1 p.m. ET. Price came back to test $170 again, and buyers liked it. Plenty of traders were watching the unfilled gap at $165.17, and NVDA never got down there, so that gap is still support below. The bounce came off a trend line that acted as resistance, then got pierced and gapped above. Price had not visited it since early August. The sharp down move into it printed a long tail off the line, hitting it to a T.

The backdrop is messy. The Nasdaq fell about 6% on Thursday, November 5. NVDA bounced the next session, then gapped lower. CEO Jensen Huang is also facing allegations of an affair with an alleged Chinese spy, and that has drawn congressional scrutiny. I'm treating it as headline risk that could throw the technicals off, so keep it on your radar. For resistance, the gap fill at $186.64 comes first, then the $188.88 low pivot where buyers stepped in before. Nvidia is another resistance map, not a chase.

$165.17: unfilled gap, support $170: retested level where buyers stepped in $186.64: gap fill resistance $188.88: low pivot resistance

Circle (CRCL): Two-Factor Support Favors a Bounce Toward $75 to $76

Circle (CRCL) has been beaten up, but it has been getting some love because two support factors meet in one spot: a low pivot from June 17, 2025, and an ascending trend line. Price pierced both on Tuesday, November 10, nicked the trend line cleanly and bounced, and CRCL was up about 5% on Wednesday. The daily RSI sits at 38, which leaves plenty of room before overbought territory. I don't chase as a rule, but this is one setup I still like for a long, built off that two-factor support area.

Overhead, Circle is trying to get past a red bar candle that has collected a lot of wicks. The level I'm watching is a white downsloping trend line from August 13, 2025. It rejected price, overshot once, then came back and has traded as a polarity line since. It would test around $75 to $76, depending on how vertical Circle can go.

$75 to $76: downsloping trend line from August 13, 2025

CrowdStrike (CRWD): Parallel Channel Sets Up a Potential Short at $263 to $265

The last chart is CrowdStrike (CRWD), which I have inside a parallel channel, a bottom boundary and a top boundary drawn where price respects the lines most. A sharp down move followed by sideways consolidation on a trend line favors a move lower most of the time. Software stocks got a bid on Wednesday, and CRWD pushed higher instead of breaking down, though it did not fill the gap.

The dashed midline of the channel works as support or resistance. Price came down to it cleanly and bounced, and earlier swings show the same reaction. A channel has to fit the price action, and when it does, those levels matter. Above price, buyers need to reclaim the pivot shelf CrowdStrike wicked into in early November.

I'm not looking to short CrowdStrike here yet. CrowdStrike (CRWD) has a two-factor short zone at $263 to $265, where a pivot shelf meets the upper boundary of its parallel channel. That is where I'd wait to start a short.

$263 to $265: pivot shelf plus upper channel boundary, short zone

Key Takeaways: Three Resistance Tests, One Long Setup and One Short Zone

CoreWeave's report gave this whole group a reason to bounce. WDC, CoreWeave, and Nvidia are levels to watch into resistance, Circle is the long I like off support, and the only short I'm waiting on is CrowdStrike at $263 to $265.