NVDA Daily Chart

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NVDA Daily Chart NVIDIA CorporationBATS:NVDAdennishrndzNVIDIA NVDA continues to respect its long-term ascending channel (green zone), with price currently trading at $179.81 (+1.02%). After the recent pullback toward the mid-channel, buyers stepped back in, defending key moving averages and reclaiming short-term momentum. - Support Levels $177.25 (recent breakout zone, now first line of support) $170.96 (gap-fill + mid-channel support) $167.33 (critical higher-low level) Below this, $164.65 and $154.14 are major swing supports. - Resistance Levels: $180.51 (near-term resistance; previous high rejection area) Break and hold above $181.91 could open the path toward $188–$190. - Momentum (RSI 58.44): RSI has cooled off from overbought conditions in July. Currently trending higher but not yet extended, leaving room for continuation. *Bullish Scenario: A daily close above $181.91 would confirm breakout continuation, targeting $188–$190 near channel resistance. *Bearish Scenario: Failure to hold $177.25 risks a pullback toward $171–167, where trend support and buyers are likely to step in. Disclaimer: I am not a financial advisor. The information shared here is for educational and informational purposes only and should not be considered financial advice. Always do your own research and consult with a licensed financial professional before making investment decisions.