NVIDIA Stock Price Analysis | Top $NVDA Levels To Watch for August 4th, 2025

Summary

In this daily stock market report, Carrie Artekch from Wicked Stocks provides an in-depth analysis of Nvidia’s stock and key market levels. She covers the current resistance and support zones, including the significance of key price points like 17804 and 15836. The video outlines strategies for both short-term and long-term traders, highlighting potential price moves and trade setups. Carrie also discusses market psychology, patience in trading, and offers insights into the likelihood of price movements for Nvidia, Triple Q, and SPY. Additionally, she promotes a free 5-day trial at Wicked Stocks, where users can access premium stock analysis and picks.

Takeaways

• 😀 Go to wickedstocks.com for a 5-day free trial to access daily stock analysis for Triple Q, Spy, and Nvidia.
• 😀 Each week, Wicked Stocks offers two high-probability stock picks, focusing on stocks with the potential for a 20% move.
• 😀 Last week's stock picks were JFrog and Wayfair, and the goal is to identify stocks that could experience significant movement.
• 😀 Nvidia's weekly chart shows resistance at the 178.04 channel top, and breaking above 179.82 would trigger a buy signal with a target of 219.64 in 2-3 months.
• 😀 A short position at 178.04 could yield profitable results if patience is maintained, as the stock has fallen below this resistance level.
• 😀 The target for Nvidia is 149.64 over the next 2-3 months, though 158.36 is a possible support level for a short-term rebound.
• 😀 Testing 168.22 could present a 3-5 day swing trade opportunity, with the potential to move up to 177.82 or 178.04 if resistance is held.
• 😀 If the stock closes below 168.22, expect further downside, with a possible target of 158.36 in the short-term.
• 😀 The 158.36 level could serve as a bottoming point through August, with a potential recovery back to the upper 170s within 3-5 weeks.
• 😀 A close below 158.36 would signal a deeper decline toward 149.46, aligning with a longer-term bearish outlook for the stock over the next few months.

Q & A

What is the primary focus of the video report for August 4th, 2025?

The primary focus of the video is on analyzing stock trends, particularly regarding Nvidia, the S&P 500 (SPY), and the NASDAQ 100 (Triple Q), with specific attention to key price levels, potential trade setups, and future price expectations.

What is the significance of the 179.82 price level mentioned in the analysis?

The 179.82 price level is considered a 'magic number' that, if the price closes above it, would trigger a buy signal, suggesting that the stock could rise toward the 219.64 price target over the next two to three months.

What trading strategy is recommended for those who shorted the stock at the 178.04 level?

For those who shorted the stock at the 178.04 level, the recommendation is to stay patient, use a stop-loss strategy that limits losses to no more than 2% of overall trading capital, and allow the position to play out. The target is to wait for the price to fall further.

What is the anticipated price target for Nvidia in the next two to three months?

The anticipated price target for Nvidia in the next two to three months is 149.64, assuming the stock continues to trend downward, especially if it closes below key support levels like 158.36.

What is the significance of the 158.36 price level in the analysis?

The 158.36 price level is considered a key channel bottom and a potential support level that could contain selling pressures for the rest of August. If the price falls below this level, the market is expected to drop further, possibly toward 149.64.

What trade setups are suggested for a 3 to 5-day swing trader?

For a 3 to 5-day swing trader, the suggested strategy is to buy at the 168.22 level, which may act as a short-term support, and then sell at 177.82 or 178.04, which represent resistance levels. The target is to capture a quick move within the given time frame.

What happens if the price closes below the 168.22 level?

If the price closes below the 168.22 level, a 3 to 5-day sell signal is triggered, with the next support level being 158.36. Traders should consider shifting to a short position with an expectation of further downward movement.

What is the long-term outlook for Nvidia stock according to the analysis?

The long-term outlook for Nvidia stock depends on whether it closes above 179.82. If the price stays below 178.04, a decline to the 149.64 level is expected over the next two to three months. However, if the price closes above the 'magic number' of 179.82, the stock could reach 219.64 over the next few months.

How does the analysis suggest handling the 172.81 price level?

The 172.81 price level is seen as an intraday pivot point. If the price holds above this level, the market could recover and test the 177.82 level. If the price breaks below 172.81, a drop toward 168.22 is expected.

What factors contribute to the volatility and uncertainty in this analysis?

The volatility and uncertainty in the analysis stem from the rapidly shifting market conditions, the potential for sudden reversals, and the impact of key resistance and support levels, such as 178.04 and 168.22, on future price movement.