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Nvidia Stock Price Levels to Watch After Chip Giant's $100 Billion Deal With OpenAI
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The measured move technique forecasts a price target of $207.64, while bars pattern analysis projects a target of around $255.
Investors should monitor key support levels on Nvidia's chart near $165 and $150.
Below, we take a closer look at Nvidia’s chart and apply technical analysis to identify key price levels worth watching out for.
This forecasts a potential price target of around $255, implying nearly 40% upside from yesterday’s close.
Investors could look for buy-and-hold opportunities in this region near multiple peaks that formed on Nvidia’s chart between November last year and January this year.
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