NVIDIA Corp (NVDA): Major Support And Demand Zone
By:TradingView
NVIDIA (NVDA) stock closed at $177.82 on Friday, March 6, 2026, a decline of 3.01% following recent earnings due to valuation concerns. despite this, the company maintains strong, 73% revenue growth, with analysts maintaining a 93% buy rating and long term optimism driven by AI demand.
Technical outlook:
The consensus rating is buy, as price is currently approaching the demand and support area. this level have been observed and respected severally as we can clearly spot in the structure.
A confirmed reverse between $171-$173 support zone, activates a bullish eyeing $190.72 as the possible target.
Meanwhile, a clear breakdown below this support, could trigger bearish continuation.
Thanks for reading.
Technical outlook:
The consensus rating is buy, as price is currently approaching the demand and support area. this level have been observed and respected severally as we can clearly spot in the structure.
A confirmed reverse between $171-$173 support zone, activates a bullish eyeing $190.72 as the possible target.
Meanwhile, a clear breakdown below this support, could trigger bearish continuation.
Thanks for reading.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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