NVIDIA Wave Analysis – 2 October 2026

NVIDIA: ⬇️ Sell

– NVIDIA reversed from resistance level 235.00

– Likely to fall to support level 230.00

NVIDIA recently reversed down from the key resistance level 235.00, which previously stopped wave (i) in the middle of May and wave i at the start of September.

The downward reversal from the resistance level 235.00 stopped the short-term upward impulse iii from the middle of September.

Given the strength of the resistance level 235.00 and the overbought daily Stochastic oscillator, NVIDIA can be expected to fall further toward the next support level 230.00 – former resistance from the end of September.