Full transcript of “NVIDIA Stock Price Analysis | Top $NVDA Levels To Watch for August 29th, 2025”. Click a timestamp to open the video at that moment. Need another video? Use the YouTube transcript generator.
0:10 Hi, this is Carrie Artekch with Wicked Stocks bringing you your daily Nvidia report for Friday, August 29th, 2025. Let's take a look at the charts. I'm going to start with the weekly chart, the big picture. We are really right at that 179.94 long-term 2 and a half year channel top that we settled above about three four weeks ago. Have broken below it on an intraweek basis. We even closed back below it last week by a degree but not by a full 1% margin. So it's kind of like a magnet. We're just trading around it. I do think that um Nvidia is sort of waiting, if you will. And I hate to humanize this but I do think let's put it let's rephrase this that upward
0:55 momentum will kick in uh as we move into later year if and as I've been saying the triple Q NASDAQ 100 as well uh can close above its 2 and 1/2ear channel top and it might do that today um and I will let you know next week if that does occur in which case I would see then the two in tandem in other words aligned on longerterm upward continuation. Until then, there's hesitation understandably. So, if the index is not going to enter kind of a protracted rally through the rest of the year, I mean, Nvidia could uh but it would then likely drag the index into a buy signal because it's such a prominent part of the NASDAQ 100 of the triple Q. So, we'll just kind of see how this plays out. I do think uh
1:43 getting back to this chart that if you're just charting Nvidia uh closing today uh wrong chart closing today above 18270. What is 18270? 18270 is the high weekly settlement price that was put out about a month ago when we closed for the first time on a weekly basis above that 179.94 channel top 18270. If we close above 18270, we are at a new high settlement price and Nvidia and I think that nudges Nvidia onto the buy side once again. It may already be this may be just kind of hesitation as the market awaits an eventual settlement perhaps above this structure in the triple Q. But I do think you know if we do close today
2:30 above 18270 uh Nvidia if you're just looking at the Nvidia chart I see a good reason to be long stay long. That also correlates pretty well with this descending channel top that we've been watching at 18239. Uh, and I've mentioned how if we close above 18239, that may be the beginning of the rally, but 18270, I think, is the safer bet. That would obviously also include the 18239 descending channel top. So, yes, I'm going to say it one more time that if we close uh above 18270 today, I do think uh this 21964 level in reach by the end of the year, that is a full wave count from that January high against the April low. And you kind of flip that on its head. Uh 2.0. Uh in other words, you
3:17 subtract April from January extremes, add it back to January, and it gets you to 21964. And I think a realistic by the end of the year objective if we were to close today above 18270. Until then, the jury is still out. You know, until then, I I would I would suspect that we do not close above this structure in the triple Q or the NASDAQ 100, which keeps the indexes, you know, very susceptible to bearish rotation as we continue into later year. And that obviously would involve Nvidia as well. I can't imagine Nvidia, you know, in other words, rallying up to 21964 over the next several months while the triple Q falls back to I can tell you this February high way back here is 540.81.
4:05 Uh that would be in reach over the next few months is actually in reach over the next few months. I don't expect it. My triple Q analysis gives the indications for that to the downside. Anyway, I don't want to digress. Let's get back into Nvidia. If you're finding value in this analysis, it's only a glimpse of what we offer. Your real trading edge starts at wickedtocks.com. Each week, premium members receive two high probability stock picks. Each one comes with a complete trade plan, including exact entry, profit target, stop-loss, and regular updates so you can manage the trade with confidence. You'll also get daily video analysis in the top traded markets, the SPY, the Triple Q, and Nvidia, highlighting the key price levels, trends, and trade setups we're focused on. Whether you're
4:51 day trading or swing trading, these insights help you zero in on the highest quality opportunities with clarity. Try it all free for 5 days. Cancel at any time. We still have 17519. Uh this is our four or five month channel bottom that held nicely a little over a week ago. uh if we do close below it uh by one significant measure I see that as a sign of weakness that allows 14929 over the next 3 to 5 weeks. It's just that we also now have a newly formed based on yesterday's wild activity that postearnings activity of 16879 and 16879 may be bumped up. I just have to see how this all plays out over the next day or two. I will say that if we close below 17519, I see no compelling
5:38 reason for you to be long or stay long Nvidia. The question is how do we deal with 16879? Uh if we close below 17519, as I've been saying, you can play a 3 to 5 week sell-off to 149.29. It's just that 16879 may play spoiler on that, if only for the better part of a week. So, uh we'll just have to see how this uh plays out. We do have a rising 1/3 speed line at 16164. This area will converge over the next full week, week and a half of trade. So we may then shift toward more this 16869 structure. I will say this that if we close below 16879, we do have a clearcut sell signal to 14929. So you could say, you know,
6:24 constructive into September above 17519. If you're long at that channel bottom that we tested about a week and a half ago, you're now just sort of waiting for a weekly settlement today above 18270. And then we are then presumably on our way over the next few months by the late year to 21964. And inversely, you know, if we close below 17519, that is a sell signal. But I think what it at least amounts to is exit your long positions and let this thing play out. And if we then close below 16879, I think you can aggressively pursue the short side of the market as we move through September. I would expect within 3 to 5 weeks of closing below 16879, the 14929 level. So there's no right way to
7:13 play this. Uh it's just that I'm not comfortable being long below 17519. Um and I am quite comfortable being short below 16879. So what does that mean inside of this range? I think this range is a solid day trade 3 to 5 day swing trade opportunity. Um but I think everything shifts south if we close below 16879. These numbers might change uh next week. What I mean by that the waiting of them you know bullish above 17519 needing a settlement above 18270 to kind of get the ball rolling to the upside. uh bearish below 16879 then anticipating 14929 within probably three to five weeks. Once again 14929 is this former one-year channel top we settled
7:59 above about 2 and a half months ago that then indicated the channel top at 179.94. And so 14929 well suited to contain selling on a quarterly basis. We can round up from here uh back uh to new highs actually following a test of 14929. Um yes. So this week uh I just want to mention that wicked stocks.com put out two stock picks. One on Viaat and the other on Zeta Holdings. Um you know both are pending. Uh we've we've had some really great signals the last month or so that have played out nicely are in the midst of playing out nicely. The Zeta Holdings and Viasat are pending. And so you can see those for free by going to wicked stocks.com and taking advantage of our 5-day free trial where
8:45 you'll also get our daily triple Q analysis uh for next week that will give you kind of the heads up on what could be kind of a confirmational buy signal to the upside. Also our daily SPY report, weekly Apple stock, uh weekly S&P 500 and weekly NASDAQ 100. All for free for five days. Check out wickedtocks.com. I will be back of course with Monday's daily um Nvidia report and you have a fabulous weekend.
