The Nvidia share has increased by 50% since the depths in April – they roam these key levels

The NVIDIA (NVDA) parts will remain on awake lists after the AI ​​favorite had returned to the 3 Billion Market Cap Club on Tuesday after a large partnership with a state-supported Saudi Arabic AI company has been announced.

In the deal, which coincides with the four-day tour of President Trump through the Middle East, the chip maker will sell sovereign assets several hundred thousand advanced GPUs over the next five years to a AI subsidiary of Saudi Arabia, starting with a AI supercomputer, which will be driven with 18,000 GB300 chips.

The NVIDIA shares lost more than 40% of their value between February and April, since the moderation of the AI ​​editions and the Trump administration's trade policy could weigh up the company's sales. However, the share has gathered by 50% compared to the low of the last month under optimism via new trade agreements.

In the following we take a closer look at the Nvidia diagram and apply technical analyzes to determine important price levels that are worth observing.

Crucial conclusion over 200 days of moving average

The Nvidia shares have strongly strengthened after a falling wedge pattern last month, with the price in the trading session on Tuesday placing a decisive conclusion above the sliding 200-day average (MA) on Tuesday. It's also worth it

While the relative strength of index (RSI) confirms the bullish impulse with a reading just below the 70-threshold value, the indicator also warns of the over-the-chewed conditions, which could lead to short-term profit support.

Let us focus on two decisive overhead areas in Nvidia's diagram that investors may observe and also identify important support levels that are worth monitoring in future withdrawals.

To observe decisive overhead areas

The first area that can be seen is around 130 US dollars, this area, just above the closing course on Tuesday, can offer a overhead resistance near a horizontal line that connects a number of peaks and troughs on the table until last August.

The ability of the bulls to regain this level could lead to the shares on the decisive range of 150 US dollars. Investors who have the stock on average can decide to block profits in this region near several peaks, which were set up on the graphic that was slightly under the record high of the stock in early January.

Important support levels worth monitoring

When backing the share, it is worth monitoring the important level of 115 US dollars. The shares find a confluence of the support in this area near the initial outbreak point from the falling wedge pattern, the 50-day-MA and a trend line that combines a number of trading activities in the table that extends until September last September.

Finally, a steeper drop was able to lead Nvidia Shares to check around 96 US dollars. Investors would probably see this as a place with a high probability to collect shares near the late April trough, which also corresponds closely together.

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Until the date on which this article was written, the author has none of the above securities.