NVIDIA Stock Analysis: Quiet Strength Building Underneath the Surface
Price Snapshot: NVIDIA stock recently closed around $117.86, holding just above the core price zone where most recent trading activity has been concentrated — around $117.57. This zone represents what professionals call a “fair value area” — a kind of balance point where buyers and sellers have found temporary agreement.
Momentum is Still With the Buyers: Despite some back-and-forth movement recently, buying pressure has continued to build steadily. The latest data shows that recent trades are still leaning bullish — meaning more shares are being bought aggressively than sold.
Next Watch Area – $118.67: That’s the upper edge of the current “value zone.” If NVIDIA can stay strong and move above that level with solid volume, it could open the door for a bigger upward push.
What Is OrderFlow Intel?
Order Flow Prediction Score: +4 (Moderate Bullish Bias)
NVDA Key Levels to Watch (...and where you may want to act?)
$120.92 – A near-term level where sellers previously stepped in; if cleared, it opens the door for a stronger upside continuation.
Downside Risk for Nvidia Stock:
These levels can help investors contextualize price moves and manage expectations during volatility.
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This article was written by Itai Levitan at www.forexlive.com. Read More Details
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