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Why Nvidia stock is now set for ‘massive end of year rally'
NVDANvidia(NVDA) Finbold·2024-12-15 14:06

Nvidia’s (NASDAQ: NVDA) share price is under pressure after falling below $140, but technical indicators suggest a potential breakout as the year ends.The semiconductor giant ended the latest trading session valued at $134.25, down over 2% for the day. On the weekly chart, NVDA is down about 3%. The company’s venture into artificial intelligence (AI) has helped the equity rally 178% year-to-date.NVDA YTD stock price chart. Source: FinboldNVDA’s end year rally When looking at the next price target, a stock t ...