What Are Support and Resistance?

• Support: Price levels where the stock tends to stop falling and bounce back up
• Resistance: Price levels where the stock tends to stop rising and pull back down

NVIDIA's Key Support Levels

• Strong support at $94: This is like a floor - if the price drops to this level, many buyers might step in
• Support at $100.31: Another level where buyers might become interested
• Backup support at $76: If things get really bearish, this is a deeper floor that might hold

NVIDIA's Key Resistance Levels

• Resistance around $108-$111: This zone might be tough for the stock to break through
• Stronger resistance at $114.33: Like a ceiling that has stopped price increases before
• Major barrier near $130: A significant hurdle the stock would need to overcome for a big rally

What This Means for NVIDIA Stock

The stock is currently bouncing between these floors (supports) and ceilings (resistances). If it breaks below important support levels, it could fall further. If it pushes through resistance levels, it could climb higher.

Some analysis suggests NVIDIA might rise by about 14% by late April if it can hold above its support levels.

How to Use This Information

• If you're buying: Consider buying near support levels ($94-$100) for better value
• If you're selling: Consider selling near resistance levels ($108-$114) when the stock might struggle to go higher
• For holding: These levels help you understand where the stock might pause or reverse direction

Remember that these price levels aren't guaranteed to hold - they're just areas where the stock has historically shown buying or selling interest.

Disclaimer: This is only information and not investment advice