Nvidia is testing major resistance at $179.18 (where it's smart to take profits). If the market closes above this level on Friday, a new long-term bull leg could begin with a target of $219.64. But if it closes below $173.14, expect a pullback to the mid-$160s in the next few days.

AI-generated source summary

The analysis focuses on NVDA, identifying key resistance and support levels. It notes that NVDA settled above the $149.76 one-year channel top five weeks prior. A target of $177.41, representing a two-and-a-half-year channel top, is being tested, coinciding with entry into the 1% zone starting at $175.63. The current level ($177.41) acts as resistance on the weekly chart, potentially containing buying through August and into September. A potential fallback to $149.76 within a couple of months is mentioned. A settlement below the rising channel bottom on the daily chart at $154.50 would indicate a downside violation of $149.76. It suggests taking some profits around the upper $170s due to increased downside risk but acknowledges the current bull market. A settlement below $173.14 could pivot the market south within 3-5 days, targeting $164.57. Closing above $177.41, specifically at $179.18 or higher by Friday's close, would signal the next long-term buy, potentially reaching $219.64. Closing below $173.14 would make it a good high for the week, expecting a $164.57 within the next 3 to 5 days.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   29 Jul 2025, 12:12 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   18 May 2026, 20:47 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 02:13 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 02:13 UTC

   The first evaluable outcome in this case reached a terminal result.

6. Case evaluation completed

   02 Jul 2026, 02:13 UTC

   All evaluable predictions in this case reached terminal outcomes.