Nvidia (NVDA) Multi-Year Parallel Channel Signals Nearing Top

Shares of Nvidia (NVDA) continue to make new all-time highs. As of Friday, June 27th, 2025, Nvidia closed at 157.75. The market cap is quickly approaching $4 trillion.
However, danger is looming in the form of a massive parallel channel. Nvidia has been inside this parallel channel since January 2023. Every major high and low has tagged the parallel channel before reversing.
This tells investors and traders to be on high alert. Nvidia is approaching the high end of the parallel channel at approximately $170. History signals the high probability that price will top out and have a major down-cycle.
Note the chart above.
Written by Gareth Soloway, Chief Market Strategist at www.VerifiedInvesting.com
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