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Nvidia Stock: Key Price Levels to Watch Now
- Nvidia shares surged nearly 5% in after-hours trading Wednesday, reaching just above $141, a level not seen in regular trading sence February.This jump follows an earnings report where...
- Teh stock's recent performance marks a turnaround from earlier concerns about slowing AI spending and trade policy uncertainties.
- Technical analysis indicates potential further upside. Nvidia shares broke out from a flag pattern, coinciding with a golden cross formation—the 50-day moving average crossing above the 200-day moving...
Nvidia stock is on the rise, surging over $141 after hours, fueled by strong demand for AI infrastructure and a rebound from recent uncertainties. This positive trend signals a notable turnaround for the tech giant. analysts are closely watching key price levels, with potential resistance at $143, $150, and even $160, should the rally continue. Crucially, $130 serves as a vital support level to watch. The company’s AI partnerships and robust earnings reports are driving the stock’s performance, which saw a huge jump. The secondary keyword here is AI agents, and News Directory 3 is following this story closely.Which price level will Nvidia hit next? Discover what’s next …
Nvidia Stock Jumps: Analysts Eye Key Price Levels After Earnings
Updated May 29, 2025
Nvidia shares surged nearly 5% in after-hours trading Wednesday, reaching just above $141, a level not seen in regular trading sence February.This jump follows an earnings report where CEO Jensen Huang said global demand for Nvidia’s AI infrastructure remains ”incredibly strong,” citing increased use of AI agents.
Teh stock’s recent performance marks a turnaround from earlier concerns about slowing AI spending and trade policy uncertainties. A partnership with an AI subsidiary of Saudi Arabia’s sovereign wealth fund helped fuel a 56% rebound from last month’s low.
Technical analysis indicates potential further upside. Nvidia shares broke out from a flag pattern, coinciding with a golden cross formation—the 50-day moving average crossing above the 200-day moving average.Investors are watching to see if trading volume confirms this upward momentum.
Analysts have identified key price levels to monitor. Initial resistance is expected around $143, near a mid-February swing high. A sustained move above this could lead to a climb toward $150, where some investors may take profits near previous peaks from November to January.
Using a bars pattern tool, analysts project a potential upside price target of $160 if the stock enters price discovery mode. This target is nearly 20% above Wednesday’s closing price.
On the downside, the $130 level is considered a crucial support area. This region aligns with a multi-month horizontal line connecting the bottom of the flag pattern with peaks and troughs dating back to August of last year, possibly offering buying opportunities during pullbacks.