Watch These Nvidia Price Levels as Stock Surges to All-Time High
Key Takeaways
- Nvidia shares hit a record closing high on Wednesday, pushing the chipmaker back to the top spot on the list of the world’s most valuable companies.
- The stock trended higher within a rising wedge before breaking out above the pattern in Wednesday’s trading session.
- Bars pattern analysis projects an upside price target of around $205 and indicates the move higher may last until late July.
- Investors should monitor major support levels on Nvidia’s chart around $150 and $130.
Nvidia (NVDA) shares closed at a record high on Wednesday, pushing the chipmaker back to the top spot on the list of the world’s most valuable companies.
The move, which propelled the company’s market capitalization to nearly $3.77 trillion, above…
