JimmyHua
04-25

$NVIDIA(NVDA)$ Nvidia bouncing back to $100 is just the beginning. Momentum and fundamentals both support a push toward $110.

  1. AI Narrative Still Dominant: Nvidia remains the undisputed leader in AI chips. Demand for H100 and the upcoming B100 is skyrocketing. That tailwind hasn’t changed.

  2. Strong Earnings Momentum: Last quarter blew past expectations, and guidance was solid. Even after a short-term run, the numbers still justify higher prices.

  3. Technical Breakout: The $100 level acted as resistance earlier—it’s now turned into support. With volume confirming the move, we may be looking at a breakout continuation.

  4. Sector Leadership: Semis are leading this tech rally. AMD, Broadcom, and TSMC are all green. Nvidia’s strength here isn’t isolated—it’s part of a bigger trend.

Conclusion: As long as macro doesn’t throw a curveball, Nvidia could ride this momentum to $110 and beyond.

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