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$NVDA: Levitating higher: Next Stop 175$: 250$ Before cycle ends

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In this summer bull market, it makes more sense to talk about the large cap winners. NVDA chart is a beauty to watch with the steady climb of this mega cap stock levitates all the indices including S&P500 and NASDAQ. After hitting 90$ during the Liberation Day drawdown the stock is 60% up since then and recovered all its losses and hitting a new ATH. With stock at 158 $ it is targeting the highs of the upward sloping Fib Retracement channel which indicates that stock can reach a price of 175$ before this run loses its steam. At RSI of 65 this is not overbought compared to its historical level of 84. Hence there might be more room left in this bull run for $NVDA. My prediction is that before end of July 2025 the stock hits 175$.

But where do we like to see this outperforming stock during this cycle of bull run. Will it hit 5T USD before Dec 2024? If NVDA hits 5T USD, then the stock will be 205 $ which in my opinion not impossible before Dec 2025. 40% Upside in the Market Cap and the stock price is achievable in a momentum stock like $NVDA.

Verdict: NVDA @ 175 $ before July 2025 & 205 $ or 5 T USD Market Cap before Dec 2025

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