Tuesday, 02 January 2024 12:17 GMT

NVDA Wave Analysis 13 May 2025


(MENAFN- FxPro)

Nvidia: ⬆️ Buy

– Nvidia broke resistance area

– Likely to rise to resistance level 135.00

Nvidia recently broke the resistance area between the resistance level 122.65 (which reversed waves 4 and ii in March) and the 61.8% Fibonacci correction of the downward impulse from February.

The breakout of this resistance area continues the active short-term impulse wave 1 of the intermediate impulse wave (1) from the start of April.

-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_2_uk_75_eng.png>

Nvidia can be expected to rise to the next resistance level 135.00, target price for the completion of the active impulse wave i.

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FxPro

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