NVIDIA Corp (NVDA) jumped in its latest intraday trading, testing the key resistance at 184.50 a level we previously highlighted as a price target. The stock is supported by trading above the 50-day SMA, with the broader short-term uptrend intact along a rising slope. RSI signals are turning positive after offloading prior overbought conditions, leaving room for further gains.

Therefore, we expect the stock to continue rising in upcoming sessions, especially if it breaks above 184.50, targeting the next resistance at 196.00.

Todays price forecast: Bullish.