NVDA Stock Eyes 40% Rally After New All-Time High Breakou

NVIDIA Today

NVIDIA Corporation stock logo
$155.30 +0.99 (+0.64%)

As of 03:53 PM Eastern

52-Week Range
$86.62

$156.99

Dividend Yield
0.03%

P/E Ratio
50.09

Price Target
$175.78

NVIDIA’s NASDAQ: NVDA stock price moved up to set a new all-time high in late June, and what comes next will be another significant updraft in share prices. Regardless of the cause, whether it is FOMO, results, analyst trends, institutional activity, short-covering, or a combination of these factors, this stock is moving higher, and the technical outlook remains robust. Very robust. 

The low-ball estimate based on the chart patterns is a move equal to the trading range that preceded…

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