Technical analysis by TopChartPatterns about Symbol NVDAX: Buy recommendation (8/20/2025)

TopChartPatterns

🚨 NVDA: The AI Market’s Early Warning System Summary : NVIDIA just shook the market a little. When NVDA moves, the whole AI sector reacts. Here’s why the levels on the chart matter, and how I’m playing it. Idea : NVIDIA is not just another stock, it’s the heartbeat of the AI trade. When it shows weakness, the entire sector gets nervous. The marked zone on the chart can work as a first entry , while the blue support below is a stronger area if price dips further. But here’s the risk : losing those levels would put NVDA in trouble, and that’s when AI stocks across the board could follow. Why does NVDA matter so much? •It’s the leader of the AI narrative. •Its valuation is sky-high, which means expectations are huge. •Competition is catching up (AMD, Intel, even custom chips from big tech). So, do we stay long? Yes, trend is still bullish, just like with Bitcoin. But that doesn’t mean we go all in. Better to stay long with caution, clear stop levels, and exit plans ready. Conclusion : NVDA is basically the canary in the coal mine for AI. If it keeps flying, the sector stays strong. If it falls, the warning is clear. Trade it with respect!!The support level held exactly as expected, stopping the price from falling further and giving it a strong base. We’re likely to see new highs soon, but watch the $164 level closely, it could be more important than it seems and might signal a bigger move ahead.