An analyst has set a technical preparation in the NVIDIA (NASDAQ: NVDA) chart that could pay stocks about $ 200 despite the recent decline.
It is worth noting that at the end of the last trade session, the semiconductor giant was trading at $ 135.13, a decrease of approximately 3 % for this day. However, even with this short -term decline, NVIDIA maintained an impressive upward path during the past month, and gained 24 %.
This momentum comes in the wake of NVIDIA power Q1 2025 profit report. The company won the expectations, and published modified profits for the $ 0.96 shares compared to $ 0.93 expected and revenues of $ 44.06 billion, with expectations of $ 43.31 billion.
However, the technology company’s revenues for next quarter were about $ 8 billion, which was expected due to the US export restrictions on the H20 chips for China.
This resulted in a $ 4.5 billion fees related to excess stock and $ 2.5 billion of lost sales. However, NVIDIA is advancing about $ 45 billion in sales for a quarter, slightly less than analysts.
The NVDA share price path to $ 200
Despite these challenges, a prominent online analyst Tradingshot It is believed that this withdrawal is a temporary stop in the broader upward trend. In TradingView mail On May 31, Tradingshot The most prominent formation of the cup style and the bracelet on the NVIDIA chart.
This style is usually a rounded “cup”, indicating a period of monotheism and accumulation, followed by a “handle” or a short -term decline. The outbreak of this composition often leads to a strong gathering.
Currently, NVIDIA faces resistance at $ 143.60, which has been high since February 18 and raised some last profits. However, strong support from moving averages for 50 days and 200 days (MA) helps to maintain the intact upper style.
Tradingshot It imagines a possible medium -term target is $ 200, based on an extension of 2.0 Fibonacci, if the cup style and suffering are revealed as expected, perhaps by late September 2025. However, the decrease to less than a 50 -day moving average can weaken this upward view.
Feelings of Hubudian Nvda
In addition, the declining difference indicates the RSI Index (RSI) to slow down the momentum despite a higher height, a scene of a possible correction or unification in the short term, similar to the pattern seen in late October 2024 preceding a rally.
Meanwhile, Wall Street is still optimistic about Nafidia’s horizons. Many companies raised their prices, noting a strong growth moved by artificial intelligence, even as concerns about China continued.
Distinctive image via Shutterstock
