To The Moon

I'm feeling pretty bullish about Nvidia $NVIDIA Corp(NVDA)$  $Direxion Daily NVDA Bull 2X Shares(NVDU)$   reaching $200, and I don't think it's a matter of if, but when. The recent climb to $185.9 intraday, driven by CEO Jensen Huang's insights, only reinforces my confidence. His vision of OpenAI potentially becoming a multi-trillion-dollar company and the focus on AI scaling—pre-training, post-training, and inference—points to a strong future, with inference driving massive long-term demand. It's clear to me that Nvidia is well-positioned to capitalize on this trend.

That said, I did expect Nvidia to hit $200 a bit sooner, but the share price has been consolidating over the past few weeks. While that might seem like a pause, I see it as a healthy breather for the stock. Consolidation can build a solid foundation, and I think it's setting the stage for the next big rally. The fact that Nvidia-related plays like CoreWeave $CoreWeave, Inc.(CRWV)$  and Applied Digital $APPLIED DIGITAL CORP(APLD)$   are also gaining—15% and 6% respectively—suggests the momentum is still there, just gathering strength.

The $14.2B compute deal with Meta $Meta Platforms, Inc.(META)$   for CoreWeave is a huge vote of confidence in Nvidia's ecosystem, and it excites me to see how this could propel the stock further. Nebius gaining 6% is another positive signal, showing the broader market is aligning with Nvidia's growth story. I believe these developments are quietly building the case for that next upward move, and I'm optimistic it's not far off.

Looking at the bigger picture, I think $200 is just the beginning for Nvidia. The“three laws of AI scaling” that Jensen highlighted resonate with me as a roadmap for sustained growth. With inference driving demand, I'm convinced the stock has room to run, and the consolidation we're seeing now is merely a pause before the next leg up. It's all about timing, and I'm patient but eager for that breakthrough.

Overall, I'm not worried about the current consolidation—it's a good thing in my view. It gives the stock a chance to stabilize before the next rally, which I feel is on the horizon. Whether it hits $200 in the next few weeks or a bit later, I'm confident it will get there, and I'm excited to see how far it can go from there. The fundamentals are strong, and the market sentiment is aligning, so I'm staying bullish!

As a retail investor, I focus mainly on the US and Singapore markets, combining a mix of technical trading and long-term investing strategies. I enjoy analyzing charts, spotting patterns, and making calculated moves based on both market sentiment and fundamentals. While I'm not a professional, I treat my portfolio seriously and continue to learn and grow with each trade. If you're also navigating the markets and enjoy discussing stocks, options, or market trends, feel free to follow me. Let's learn and grow together as a community.

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