To The Moon

As I look at the recent performance of Nvidia shares, I'm definitely optimistic about them hitting $200 USD. The stock has already shown impressive strength, climbing to $185.9 intraday for the fourth straight session, and with CEO Jensen Huang's bullish statements on AI, I believe it's just a matter of time before we see that $200 mark. The potential for OpenAI to become a multi-trillion-dollar company and the focus on AI scaling—pre-training, post-training, and inference—only reinforce my confidence in Nvidia's $NVIDIA Corp(NVDA)$  $GRANITESHARES 1.5X LONG NVDA DAILY ETF(NVDL)$  long-term growth.

I did expect the share price to reach $200 a bit earlier, to be honest, but it hasn't happened yet. That said, I'm not too concerned. The market can be unpredictable, and sometimes these delays are part of the natural ebb and flow of stock movements. I see this as an opportunity for the stock to build a stronger foundation, which could lead to a more sustainable climb when it does break that $200 barrier.

Looking at the broader picture, the consolidation we've seen in Nvidia's stock over the past few weeks strikes me as healthy. It gives investors a chance to digest the recent gains and allows the company to solidify its position amid all the AI-driven excitement. The positive movement in Nvidia-related plays like CoreWeave $CoreWeave, Inc.(CRWV)$  , which surged 15% after its $14.2B deal with Meta $Meta Platforms, Inc.(META)$  , and Applied Digital and Nebius $NEBIUS(NBIS)$   gaining 6%, further supports my view that the sector is robust and poised for more growth.

I also think the long-term demand for inference, as highlighted by Huang, is a key factor. This aspect of AI scaling could drive massive value for Nvidia, especially with their pivotal role in powering these technologies. While the stock might take a little longer to hit $200 than I initially anticipated, I'm still bullish on its trajectory and believe the current consolidation is setting the stage for a strong upward move.

In summary, I'm firmly in the bullish camp for Nvidia reaching $200, even if it's taken longer than expected. The fundamentals are strong, the market sentiment is positive, and the consolidation phase feels like a necessary pause before the next big push. I'm excited to see how this plays out in the coming weeks, especially with October still ahead of us!

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.

@TigerStars  @Tiger_comments