Hourly Chart on NVDA
NVDA-- Goldman Sachs (see below) raised its target price to $1,100 from $1,000.
My technical work (see attached chart) argues that as long as the 903.50 down to 884.00 nearest support zone contains forthcoming weakness, NVDA post-5/01/24 upleg from 812.55 remains intact, and as such, NVDA's near-term trajectory is higher into the 950-974 target zone to test the 3/08/24 ATH at 974.00... Last is 898.73 off of an intraday low at 902.31...