NVIDIA
Long

Fundamental and technical analysis on NVDA (Chicken Nugget) soon

144
Fundamental Analysis

NVIDIA Corporation (NVDA) remains a key player in the tech sector, benefiting from the rise of artificial intelligence, data centers, and gaming. With sustained growth, constant innovation, and strong demand for its graphics chips, the company continues to deliver solid financial results.

Recent reports indicate revenue growth and expansion in key markets. Product diversification, particularly in supercomputers and embedded systems, strengthens NVDA’s position against competitors. Investor interest in the semiconductor industry helps maintain the stock’s positive momentum.

Technical Analysis

The chart analysis highlights key technical levels for investors:
- Key Resistance: $150 USD – This level must be broken to confirm a strong bullish trend. A breakout with volume could signal a gradual rise toward higher targets.

- Support Level: $131.50 USD – Strong demand and low supply are identified at this level, making it an excellent entry point for investors looking for buying opportunities before a potential rebound.

Targets & Strategy

- Short-term target (late June/early July): The target range of $170-$175 USD is possible if the bullish trend is confirmed. This level aligns with technical extensions and favorable market dynamics.

- July buyback (-5% to -10%): A moderate correction could occur, offering another buying opportunity before an upward recovery.

- Selling target (September to November): The next selling target is between $200-$240 USD, depending on market developments and investor sentiment.

Conclusion

NVDA stock presents interesting prospects, with well-defined technical levels and a strong fundamental outlook. Investors should monitor these thresholds to adjust their strategy based on market fluctuations.

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