Nvidia (NVDA) update

Nvidia (NVDA): Mid 2025 breakout intact, targeting 220-228

Nvidia (NVDA) continues to trade within a bullish setup highlighted in the Straight from the Chart post on 9/17/2025. The late June 2025 breakout above 153–150 remains intact, supporting upside potential toward 220.

Holding above 174.57, the 61.8% extension of the late 2022–early 2025 rally projected from the April 2025 low, would strengthen the case for an eventual test of the 100% extension near 228.

Key supports: 177.55 (rising 13-week moving average), 174.57 (61.8% extension), and 164 (early September higher low). The mid-2025 breakout remains intact while above 153–150.

NVDA also remains within a bullish trend relative to the S&P 500.

Chart 1: Nvidia (NVDA): Weekly chart

Tactically speaking, NVDA attempts a bullish breakout

NVDA has pushed above its highs going back from late September to late July in the 184.55-183.30 area. Sustaining this move would confirm a late July into late September bullish continuation pattern with upside potential on NVDA to 205.

The prior highs at 184.55-183.30 reverse their role to support from resistance, providing a tactical risk management level.

Rising 13-, 26-, and 40-day moving averages from 182.70 to 177.91 suggest a tactically bullish backdrop.

Chart 2: Nvidia (NVDA): Dailly chart