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Nvidia Wave Analysis 19 December 2025
(MENAFN- FxPro)
Nvidia: ⬆️ Buy
– Nvidia reversed from support area
– Likely to rise to resistance level 190.00
Nvidia recently reversed from the support area between the long-term support level 170.00 (which has been reversing the price from July), 38.2% Fibonacci correction of the upward impulse from April and the lower daily Bollinger Band.
The upward reversal from this support area started the active short-term impulse wave (iii).
-pGiven the clear daily uptrend, Nvidia can be expected to rise to the next resistance level 190.00 (which stopped earlier wave (iii)).
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