![NVDA climbs to file ranges as Elliott Wave (5) unfolds [Video]](https://www.fxstreet.com/_next/image?url=https%3A%2F%2Feditorial.fxsstatic.com%2Fmiscelaneous%2Fimage-638973042860664440.png&w=1536&q=95 "NVDA climbs to file ranges as Elliott Wave (5) unfolds [Video]")
Nvidia (NVDA) continues its impulsive cycle from the April 2025 low, manifesting a transparent five-wave advance. The inventory now progresses by the terminal wave ((5)), which subdivides right into a nested five-wave construction of lesser diploma. The advance originated on the wave ((4)) low of $164.07, the place wave (1) rallied to $195.62. A subsequent correction in wave (2) concluded at $176.18, as evidenced by the 30-minute chart. From this level, wave (3) resumed the upward trajectory.
Inside wave (3), wave 1 terminated at $185.20, adopted by a retracement in wave 2 to $176.76. The rally then accelerated in wave 3. From the wave 2 low, wave ((i)) accomplished at $195.47, and wave ((ii)) discovered help at $191.91. The construction initiatives additional extension in wave ((iii)), adopted by a consolidation in wave ((iv)) earlier than the ultimate push in wave ((v)) of three. This inside development helps a sequence of upper highs, persevering with till wave (5) of ((5)) reaches completion and concludes the cycle from April 2025.
Close to-term help stays firmly established on the $176.18 pivot low. So long as this stage holds, any corrective dips—sometimes unfolding in three, seven, or eleven swings—ought to appeal to patrons and set the stage for added upside. The general impulsive framework stays intact, with bullish momentum driving the advance in accordance with Elliott Wave rules.
