Shares of Nvidia have just spiked up to a high of $208.88. That took the price up by over $9 or 4.5% on the day. The price also moved above its all-time high closing level going back to October 29 at $207.04.
Since March 30 with the market closing at its low at $165.17.
- Total trading days: ~18
- Up days: 13
- Down days: 5
What stands out
- Strong upside run followed, including a ~10-day winning streak into mid-April
- Late April saw a couple of pullback days, but the trend remained higher overall
Bottom line
- Bias: Clearly bullish since March 30
- Structure: More than 2-to-1 up vs down days
- Theme: Classic “break low → trend higher” behavior—buyers in control most sessions
Technically, the move higher has checked a lot of bullish boxes for NVIDIA (NVDA). On the run-up, the price pushed back above its 200-day moving average at $182.85 and the 100-day moving average at $184.63, flipping the bias back to the upside. From there, the market extended and broke above the “old” 2026 high from February 25 at $197.63, which was a key ceiling.
What’s more important is what happened after the break. The subsequent lows came in at $197.84 on April 20 and $197.22 on April 23—basically holding right around that old high. That’s what you want to see. Former resistance turning into support is a classic sign that buyers are still in control. The ability to hold that area and push higher over the last few sessions keeps the bullish bias intact.
From a trading perspective, that $197.63 level is your risk barometer. Stay above, and buyers remain in control. Move below, and the door opens for a deeper correction on the disappointment.
On the topside, the next target is clear: the all-time high from October 29 at $212.19. With the current price trading around $208.65, the market is within striking distance
