[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-why-nvidia-stock-is-set-for-a-410199afd3-088d-79ed-b74f-b1e2a8d70869":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":21,"enrichStatus":19,"triageKind":18,"triageImportance":18,"expandEligible":18,"summarizeEligible":18,"eventEligible":18,"eventType":18,"eventAction":18},"why-nvidia-stock-is-set-for-a-410199afd3-088d-79ed-b74f-b1e2a8d70869","1759590032000","Why Nvidia stock is set for a major breakout retest next week","\u003Cp>Shares of \u003Ca href=\"https://finbold.com/guide/how-to-buy-nvidia-stock/\">Nvidia\u003C/a> (NASDAQ: \u003Ca href=\"https://finbold.com/stock/nvidia-stock-nvda/\">NVDA\u003C/a>) appear poised for a key breakout retest next week after a strong rally pushed the stock toward new resistance levels.\u003C/p>\u003Cp>This comes after the American semiconductor giant notched new record highs in its march toward the $200 target. \u003C/p>\u003Cp>Notably, NVDA shares were valued at $187, down 0.7% in the last trading session, while year to date the stock has gained over 35%.\u003C/p>\u003Cimg src=\"https://assets.finbold.com/uploads/2025/10/image-51.png\" alt=\"\" />NVDA YTD stock price chart. Source: Finbold\u003Cp>The latest technical setup \u003Ca href=\"https://x.com/TrendSpider/status/1974316044744622420\" target=\"_blank\">shared\u003C/a> by charting platform TrendSpider suggested the momentum could be entering a brief consolidation phase before potentially resuming its uptrend.\u003C/p>\u003Cp>According to the daily chart, Nvidia recently broke above a critical resistance zone near $184, which had capped price action for much of August and September. \u003C/p>\u003Cimg src=\"https://assets.finbold.com/uploads/2025/10/image-52.png\" alt=\"\" />NVDA stock price analysis chart. Source: TrendSpider \u003Cp>Following the breakout, NVDA briefly rallied toward $190 before pulling back slightly, indicating that traders may look for a retest of the prior resistance, now acting as support.\u003C/p>\u003Cp>If the price successfully holds above the $184 and $185 area, the setup points toward a continuation of the rally, with the 1.618 Fibonacci extension projecting an upside target near $197.18. The \u003Ca href=\"https://finbold.com/stocks/\">stock \u003C/a>also appears to be forming a cup-shaped base, a bullish pattern that often precedes major upside moves.\u003C/p>\u003Cp>Supporting the bullish case, the Relative Rotation Histogram (RRH) shows Nvidia’s outperformance against the \u003Ca href=\"https://finbold.com/guide/how-to-trade-indices/\">S&P 500\u003C/a> turning positive once again, suggesting growing strength relative to the broader market.\u003C/p>Wall Street bullish on NVDA stock \u003Cp>Beyond the technical setup, several Wall Street analysts remain bullish on the stock, citing the company’s dominant role in the \u003Ca href=\"https://finbold.com/guide/how-to-invest-in-ai-stocks/\">artificial intelligence\u003C/a> sector.\u003C/p>\u003Cp>For instance, analysts at Cantor Fitzgerald maintained an Overweight rating on NVDA shares and a $240 price target following Nvidia’s investment in OpenAI. \u003C/p>\u003Cp>The firm dubbed Nvidia the “de facto AI infrastructure company” driving the AI boom and dismissed concerns of market “circularity” or an AI bubble. \u003C/p>\u003Cp>Cantor highlighted Nvidia’s robust fundamentals, including 71.55% revenue growth, 69.85% gross margin, $72 billion in levered free cash flow, a 4.21 current ratio, and a 0.11 debt-to-equity ratio, as proof of its financial strength.\u003C/p>\u003Cp>Featured image via Shutterstock\u003C/p>\u003Cp>The post \u003Ca href=\"https://finbold.com/why-nvidia-stock-is-set-for-a-major-breakout-retest-next-week/\">Why Nvidia stock is set for a major breakout retest next week\u003C/a> appeared first on \u003Ca href=\"https://finbold.com\">Finbold\u003C/a>.\u003C/p>","https://finbold.com/why-nvidia-stock-is-set-for-a-major-breakout-retest-next-week/","https://assets.finbold.com/uploads/2025/10/Why-Nvidia-stock-is-set-for-a-major-breakout-retest-next-week.jpg","[\"Stocks news\",\"investing\",\"NVDA\",\"Nvidia\",\"Stocks\"]","[\"Near\",\"Market\",\"Phase\"]","[{\"name\":\"Near\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/blockchains/near.png\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"name\":\"Phase\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/phase.png\"}]","41",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/finbold.png","Finbold",null,"","[\"Crypto\"]","0","EN"]