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NVIDIA Stock Could Rise Towards Resistance

05/25/2022

Less than a minute

2022.05.25 13:46

Looking at the NVIDIA’s (NASDAQ:NVDA) chart, we can see that the stock is in a downward trend, traded at the current level of around $161.50.

Today it is announcing its quarterly earnings and if the market’s anticipation is positive, then we could expect its price to rise towards its resistance level at around $175 otherwise it should test its support level at around $155.

NVIDIA Stock Could Rise Towards Resistance NVDA stock price chart.