Technical analysis by MoNi_MoN about Symbol NVDAX: Buy recommendation (10/29/2025)

NVIDIA has been forming a clean long-term bullish structure: After its 10-for-1 stock split in June 2024, the post-split equivalent of the previous all-time high (~$1,150+) becomes the ~$1,000 zone. Price is currently establishing higher-lows around the $180-$200 range, which suggests support is stabilizing and a breakout could follow. The resistance cluster appears in the ~$230-$300 range next. Once that zone is decisively cleared, momentum toward ~$1,000 becomes far more plausible. Analysts have publicly discussed the possibility of NVIDIA reaching $1,000 or more, which adds a structural framework for the move. InvestorPlace Institutional demand for AI-infrastructure chips gives underlying support to the bullish case — the technical pattern is supported by real business strength. Why a Retest of ~$1,000 Makes Sense to me? The ~$1,000+ level represents the company’s prior pre-split peak, a major psychological barrier and structural target. With the lower base (support zone) forming now and the demand side robust, the next leg higher is likely to unfold once resistance around ~$300 is cleared. A move from ~$200 current to ~$1,000 is steep (~5×), but given the multi-year horizon and NVIDIA’s growth environment in AI, such a move aligns with long-term structural breakout patterns. The consolidation phase now gives the market time to absorb recent gains, allowing for a cleaner push higher rather than a sharp parabolic rise (which often leads to rapid pull-backs). Key Levels to Watch Support zone: ~$180-$200 — if this holds, the setup remains valid. Critical resistance: ~$230-$300 — a confirmed breakout above this zone should trigger acceleration. Structural target: ~$1,000 — once the midpoint breakout structure is in motion, this level becomes a logical target. Alternate scenario caution: If price drops below ~$180 and fails to regain ~$200 quickly, the setup would require reevaluation. My Belief I believe NVIDIA will retest the ~$1,000 level (or higher) over the next 1-2 years based on the clean structure, support formation, and macro-tailwinds in AI infrastructure. If the ~$230-$300 resistance is cleared convincingly, we’re entering the next leg of a multi-year bull run. Links NVIDIA 2024 1K