NVIDIA
Long
Updated

NVIDIA REBOUNDS, BREAKS KEY LEVELS AMID MARKET OPTIMISM

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The price rebounded from its drop, moving above the 116.11 level, signaling a potential bullish attempt. If this momentum continues, the next targets are 124.89 and 131.13, aligning with previous resistance levels. However, a further decline toward 108.54 remains possible if selling pressure increases.

The bearish gap in the chart indicates previous weakness, but easing tariff concerns regarding Mexico and Canada, along with potential AI infrastructure investments from Alphabet, could support a recovery. Market sentiment remains sensitive to any updates on U.S. trade policies and competition from Chinese AI models, which could introduce volatility.

Tendency Keys: 116.11
Resistance Line: 116.11, 108.54
Support Line: 116.11, 124.89, 131.13
Trade active
NVIDIA (NVDA) surged 3.9% to $123.32 on Wednesday, driven by Alphabet’s $75 billion AI investment for 2025 and its continued partnership with NVIDIA. Meanwhile, AMD’s disappointing Q4 data center revenue led to a nearly 10% drop in AMD’s stock, further solidifying NVIDIA’s dominance in the AI chip market. These factors boosted investor confidence, fueling NVIDIA’s rally.

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