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How To Trade Nvidia And Other Top Tech Stocks Today Using Technical Analysis
NvidiaNvidia(US:NVDA) Benzingaยท2025-07-16 13:27

Market Overview - The Market Clubhouse provides daily updates on key price levels for major stocks including SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula that considers price, volume, and options flow [1][2]. SPDR S&P 500 ETF Trust (SPY) - SPY is trading near 622.00, with bullish targets at 623.25 and 624.79, and an ultimate target of 626.49 if momentum continues [2]. - If SPY falls below 622.00, sellers will target 620.94, with further downside risks to 619.65 and a low target of 616.36 [3]. Invesco QQQ Trust Series 1 (QQQ) - QQQ is near 555.59, with bullish targets at 557.52 and 560.00, potentially reaching 566.68 if buying is strong [4]. - A failure to hold above 555.59 could lead to a decline towards 553.84 and a low target of 549.97 [5]. Apple Inc. (AAPL) - AAPL is trading around 209.27, with initial bullish targets at 210.58 and 211.90, aiming for a high target of 213.53 [6]. - If the support at 209.27 is lost, sellers will target 208.27, with further downside to 207.39 and a low target of 206.01 [7]. Microsoft Corp. (MSFT) - MSFT is near 504.90, with bullish targets at 506.80 and 508.67, aiming for a high target of 511.11 [8]. - A drop below 504.90 could see targets at 503.73 and a low target of 499.29 [9]. NVIDIA Corporation (NVDA) - NVDA is trading around 169.92, with bullish targets at 170.96 and 172.33, potentially reaching 175.33 [11]. - If it cannot hold above 169.92, sellers will target 167.72, with further downside to 163.91 [12]. Alphabet Inc Class A (GOOGL) - GOOGL is near 182.68, with bullish targets at 183.73 and 185.60 [13]. - A failure to maintain 182.68 could lead to a decline towards 181.57 and a low target of 178.73 [14]. Meta Platforms Inc (META) - META is trading near 713.89, with bullish targets at 716.60 and 718.55, aiming for a high target of 723.84 [15]. - If support at 713.89 fails, sellers will target 709.98, with further downside to 705.52 [16]. Tesla Inc. (TSLA) - TSLA is around 309.70, with bullish targets at 311.98 and 315.66, potentially reaching 323.84 [17]. - If the support at 309.70 is compromised, sellers will target 307.86, with further downside to 304.63 [18]. Economic Indicators - The economic calendar includes the June PPI report and the July New York Fed Services Business Activity index, which could impact market direction [19]. - Fed officials are scheduled to speak, with their comments likely to influence monetary policy expectations [20].