NVDA hitting $1200 pre-earnings
Watching $NVDA carefully. With the continued AI fervor, particularly around their Blackwell platform and strong H100 demand, there's a decent chance it tests $1200 again before their next earnings call. I'd put the probability around 60%. The run-up seems fueled by both genuine demand and speculative momentum. A lot depends on broader tech sentiment, $NDX holding its own, currently at 29126.62.
That's an interesting take. I'm new to watching NVDA; what are some of the key indicators you're looking at besides the NDX that would signal a strong push to $1200?