NVDA Could Go Up To $170 In Q1 After Breaching $145 Level As Traders Turn Bullish On Jensen Huang's AI Giant

As Nvidia Corporation NVDA shares closed above the $140 level for the first time in 20 days on Tuesday, traders expect the stock to make new highs if it breaches $145 per share.What Happened: Traders are bullish on Nvidia as its share price exceeded the 50-day simple moving average and moves above $140 apiece for the first time since Dec. 6, on Tuesday’s shortened trading session. According to a quant trader, Peter DiCarlo, the share price could reach $170 apiece in the first quarter if the stock moves beyo ...