SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NVIDIA Corporation (NVDA)
NVDA 244.50-1.1%Oct 27 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Frank Sully4/17/2021 7:11:56 PM
   of 2170
 
How High Can Nvidia Go From Here?

Nvidia continues to run to all-time highs. Here's a look at where the stock could go from here.

Bret Kenwell
Apr 16, 2021 2:01 PM EDT

Nvidia ( NVDA) - Get Report might be down almost 1% on Friday but lately the stock has been on fire.

It's still up more than 1% for the week and will finish higher for the third consecutive week.

Helping drive the stock's current rally was the company’s GTC event, where a keynote presentation from CEO Jensen Huang helped unleash a flood of buying among investors and drove the stock to new all-time highs.

Nvidia has drawn the praise of analysts too. For instance, Raymond James analysts recently raised their price target to $750 from $700 as they eye a rebound in enterprise spending and Nvidia’s new chip.

We have done well with Nvidia's technicals, too.

In March, I analyzed the stock as it probed for a bottom. Then earlier this month, the stock gave bulls a monthly-up rotation, setting the stage for an explosive rally over the prior 52-week highs near $615.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext