NVIDIA (NVDA) has been showing renewed strength after bouncing from its recent support level of $163. The stock has now climbed back into the $177 range, suggesting that buyers are continuing to step in at critical price points. This type of retest and rebound often signals confidence in the trend, especially when support levels hold firmly.

Looking ahead, NVDA has the potential to rally 25–30% before encountering a meaningful pullback. The semiconductor sector remains a key driver of market performance, and NVIDIA is positioned at the forefront of growth trends tied to AI, gaming, and data centers. These underlying fundamentals, combined with the strong technical setup, provide room for the stock to push higher in the short to medium term.

That said, next week’s interest rate decision from the Federal Reserve could play a significant role in shaping market sentiment. A dovish signal could boost growth stocks like NVDA, while a more hawkish stance may limit upside momentum. Additionally, any new developments on tariff policies—especially those targeting technology and semiconductor supply chains—could create short-term volatility. These macroeconomic factors will be key in determining whether NVDA can sustain its rally or faces pressure sooner than expected.

For now, NVDA continues to present a promising opportunity with significant upside potential, as long as support levels remain intact and the broader market backdrop stays favorable.

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