Peter Smith
Nvidia (NVDA) grabbed investor attention throughout October 2025 with impressive gains that cement its position as a leader in AI and semiconductors. The stock climbed to $188.16, posting a 10.75% monthly increase, and traders are now watching to see if it can break through the $190 barrier.
Nvidia's Market Performance
According to unusual_whales, Nvidia's latest rally included intraday gains of nearly 1.5%, continuing a strong recovery from September lows.
After touching $175.27 on September 18, the stock has climbed steadily, showing consistent buying pressure and higher highs along the way.
Chart Analysis: Key Levels to Watch
- Support: The $175 level has provided solid footing, with price bouncing sharply from this zone
- Resistance: Current overhead resistance sits around $190, where some profit-taking may emerge
- Momentum: The chart shows a staircase pattern of higher lows and highs, indicating strong accumulation and bullish sentiment
This technical structure suggests Nvidia is well-positioned to test higher ranges if it can push through current resistance.
What's Driving the Gains
Nvidia's rally is supported by several key factors. The company maintains its dominance in AI infrastructure and GPU technology, which continues to fuel growth. Data center demand remains robust as cloud providers and enterprises place larger orders. Investor confidence in Nvidia's ability to deliver sustained growth despite broader market uncertainty has also played a role. The stock has significantly outpaced the average large-cap tech name over the past month.
Peter Smith
