$NVIDIA(NVDA)$ Nvidia's rebound to $100 could be the start of a stronger rally. The $100 mark is a key psychological and technical support level. If the stock holds above it and breaks through near-term resistance, a move toward $110 seems achievable.
From a technical standpoint, Nvidia is approaching oversold conditions, which often precede upward reversals. Momentum indicators are also beginning to turn more favorable, suggesting that the worst of the recent pullback may be behind us.
On the fundamental side, Nvidia remains a powerhouse in AI and data center technologies. Its long-term growth potential, high margins, and innovation pipeline continue to attract institutional interest. For long-term investors, this pullback might be seen as a healthy correction within a broader uptrend.
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