Peter Smith
⬤ Nvidia keeps grabbing headlines as one of tech's most-watched names, and the latest monthly chart is telling an interesting story. Second indicator panel shows shrinking green bars—a sign that bearish retail sentiment might be running out of steam. The stock recently closed around $188.85, staying strong after its massive AI-driven rally.
⬤ There's still chatter about NVDA potentially dropping to $150, a target that keeps popping up in market discussions. But some observers are skeptical that major holders would let it slide that far, given how heavily institutions are invested in this rally. The chart itself paints a pretty clear picture: a solid long-term uptrend backed by momentum indicators, MACD signals, and RSI readings that remain elevated. From earlier cycle lows around $108 (pre-split), NVDA has climbed dramatically through 2023 and into 2026.
⬤ The commentary highlighted an interesting journey—accumulating 10,000 shares back in January 2023, which turned into 100,000 after Nvidia's stock split. While nailing exact bottoms is nearly impossible, conviction in Nvidia's central role in the AI boom has stayed consistent. The company remains the go-to supplier for data center and AI accelerator chips, which is why so many eyes stay glued to this stock.
⬤ Why does this matter? Nvidia has basically become the measuring stick for how investors feel about AI and tech growth overall. If bearish momentum is really fading on the monthly chart, it reinforces the idea that NVDA has staying power—especially with long-term technicals still looking solid. At the same time, the emphasis on patience and smart position sizing shows that people are treating NVDA as both a strategic play and a psychological test as the AI investment wave keeps rolling.
Peter Smith
