1. NVIDIA trading near 136.98, seeking bullish momentum toward 137.94. 2. A rise above 139.42 could lead to further bullish momentum. 3. Failure to hold 136.98 may push prices toward lower support at 135.64. 4. Strong selling volume below key support could accelerate declines to 132.19. 5. Economic indicators expected to increase market volatility today.
NVIDIA is positioned near critical resistance levels with potential for upward movement. Historical analysis shows similar patterns often lead to bullish trends if support holds, such as trends seen after prior earnings reports.
The article presents critical trading levels for NVDA, emphasizing both bullish and bearish scenarios which most traders will monitor closely today.
Recent trading levels indicate immediate price action could occur today. Market volatility from upcoming economic data releases will further affect NVDA’s price short-term.