S&P hitting record highs with 8 straight weeks of gains - that's some serious momentum right there. Meanwhile NVDA pulled back to ~$219 from its $236 ATH, and honestly? This looks like a decent setup for anyone who missed the initial run.
Analysts still have a $303 target on it, and with the broader market this strong, NVDA catching a bid wouldn't surprise me. RSI isn't screaming overbought anymore after this pullback.
My play: Watching that $215-220 zone closely. If it holds here, probably adding some exposure with a stop around $210. Targeting $250+ over the next month or two if the market stays supportive.
Crypto's in fear territory (Fear & Greed at 28) so keeping some powder dry there too. Risk/reward on NVDA looks solid here though 👀
Not advice, just how I'm seeing it 💯