NVIDIA Stock Price Analysis | Top $NVDA Levels To Watch for June 30th, 2025

Summary

In this daily Nvidia report for June 30th, 2025, Carrie Artekch from Wicked Stocks provides an in-depth technical analysis of Nvidia's stock price. Key levels of support and resistance are identified, with a focus on the 150.22 and 157.71 thresholds. Bullish momentum is expected to continue towards 174.88, with the potential for further gains if key resistance levels hold. Traders are advised to watch for price movements above these levels, especially the 161.69 trend line, for opportunities to buy. Risks of downside are also addressed, with significant support areas outlined for potential pullbacks.

Takeaways

• 😀 Nvidia's stock recently broke through key resistance levels, signaling a strong bullish move.
• 😀 The price successfully closed above 150.22 and the January high of 153.13, confirming upward momentum.
• 😀 151.72 serves as an important 1% threshold above 150.22 for those interested in buying dips this week.
• 😀 The primary target for Nvidia's stock is 174.88, which is a significant long-term channel top. It could be reached within 2-3 months or possibly sooner.
• 😀 A close above 174.88 would accelerate bullish momentum, potentially leading to a vertical rise in stock price.
• 😀 The daily chart shows 157.71 as a key pivot point for short-term trades. A close above it could push the price toward 161.69 and eventually to 174.65.
• 😀 If Nvidia stays above 157.71, the stock is likely to reach 174.65 within the next 2-3 weeks.
• 😀 For downside risks, if Nvidia falls below 157.71, it could test support levels around 153.13 and 150.22, with strong support in the low 150s.
• 😀 A significant sell-off below 150.22 could lead to a further drop toward 145.58 and potentially 134.96, though this scenario is considered unlikely.
• 😀 Traders should focus on holding positions above 150.22, as this would keep the 174.88 target in sight, especially for those with a longer-term bullish outlook.
• 😀 Options traders might consider out-of-the-money calls with 6-month expirations to take advantage of Nvidia's long-term bullish potential.

Q & A

What is the significance of the 150.22 level in the Nvidia report?

The 150.22 level is a key support and resistance level for Nvidia. A breakout above this level signals bullish momentum, as it was a descending channel top. Holding above this level is critical for further price action towards higher targets.

What does the recent rally indicate for Nvidia’s short-term prospects?

The recent rally suggests that Nvidia has broken above critical resistance levels, including 150.22 and 153.13. This indicates strong bullish momentum, with potential for further upside, especially towards the 174.88 level within the next 2-3 months.

What is the significance of the 174.88 level in Nvidia's long-term trend?

174.88 represents a significant long-term channel top that spans nearly two years. If Nvidia closes above this level, it could trigger a more vertical market move, accelerating the stock's price even further.

What are the potential intraday resistance levels for Nvidia?

The intraday resistance level is at 161.69. If Nvidia can close above this level, it could indicate a continuation of bullish momentum towards 174.65 within the next week or two.

What are the support levels to watch in case of a pullback?

Key support levels to watch are 157.71 and 153.13. If Nvidia dips below 157.71, it could retrace towards the low 150s, where long-term support is found. The 150.22 level is also a critical support zone for any downside moves.

How does the analysis view potential downside risk for Nvidia?

The downside risk is considered limited unless Nvidia closes below 150.22. In that case, a further decline towards 145.58 could occur. However, this scenario is not expected unless a significant market shift occurs.

What is the timeframe for Nvidia to potentially reach the 174.88 target?

The 174.88 target is expected to be reached within 2-3 months. However, given recent market volatility, it could happen sooner, possibly by the end of July if bullish momentum continues.

What should traders expect if Nvidia closes above 161.69?

If Nvidia closes above 161.69, traders should expect an accelerated move towards 174.65 within the next 1-2 weeks. This would signal continued bullish momentum and a likely move toward the higher 170s.

What does a settlement below 145.58 imply for Nvidia's future?

A settlement below 145.58 would imply a significant shift in market sentiment, potentially triggering a larger downtrend. It would also signal a breach of critical support levels, leading to a possible retracement to 134.96.

How can options traders approach the current Nvidia market?

Options traders may consider buying 175-180 strike out-of-the-money calls with expiration 2-3 months out. This strategy is suitable for those seeking to capitalize on a potential rally towards the 174.88 target, as outlined in the analysis.