NVIDIA (NVDA) has consistently been one of the most rewarding stocks for investors, delivering substantial returns over the past few years. However, following its all-time high (ATH) of approximately $153 on January 7, 2025, the stock experienced a notable pullback, declining to around $105.
Since that dip, NVDA has shown signs of recovery, with the current price stabilizing at $121.67. This upward momentum suggests a potential rally toward the $140 - $150 range in the near term.
Investment Strategy
Long-Term Perspective: Given NVIDIA’s strong fundamentals and market dominance, accumulating shares for long-term investment remains a solid strategy.
Short-Term Trading: For traders, technical indicators suggest potential entry and exit points. Refer to my chart for the accompanying chart for detailed technical analysis (TA) insights.
While the stock has shown resilience, monitoring key support and resistance levels will be crucial in determining the next phase of its movement.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.