Watch These Nvidia Price Levels After AI Favorite’s Recent Record-Setting Streak
Key Takeaways
- Nvidia shares hovered near their all-time highs Friday after setting a string of records this week on optimism about artificial intelligence demand.
- The shares recently broke out from a flag pattern on Thursday, signaling potential upside above the stock’s recent trading range.
- The measured move technique forecasts a price target of $204, while bars pattern analysis projects a potential move up to $255.
- Investors should watch major support levels on Nvidia’s chart around $184 and $165.
Nvidia (NVDA) shares hovered near their all-time highs Friday after setting a string of records earlier this week on optimism about the artificial intelligence trade.
The AI chipmaker’s stock climbed nearly 2% Friday to a fresh intraday…
