Nvidia “loses” its uptrend: Which key levels are worth watching in the short term?$NVDAB
On November 6, $Nvidia (NVDA.US)$ rose 2.78% to close at $186.64.
On the weekly chart, Nvidia has fallen below a key support area in the uptrend it had previously maintained. Based on the current technical setup, investors can keep a close eye on the following key short-term levels:
Support levels
First support: $180.00 (a psychological round-number level, near the recent low)
Second support: $172.50 (the bottom of the trading range from August 2025 to April 2026)
Resistance levels
First resistance: $188.34 (lower Bollinger Band)
Second resistance: $195.42 (MA5)
At the time of writing, Nvidia shares fell more than 5% again in overnight trading to around $176, breaking below the first support level.
On November 6, $Nvidia (NVDA.US)$ rose 2.78% to close at $186.64.
On the weekly chart, Nvidia has fallen below a key support area in the uptrend it had previously maintained. Based on the current technical setup, investors can keep a close eye on the following key short-term levels:
Support levels
First support: $180.00 (a psychological round-number level, near the recent low)
Second support: $172.50 (the bottom of the trading range from August 2025 to April 2026)
Resistance levels
First resistance: $188.34 (lower Bollinger Band)
Second resistance: $195.42 (MA5)
At the time of writing, Nvidia shares fell more than 5% again in overnight trading to around $176, breaking below the first support level.