Is Jensen about to take back the spotlight? While many AI leaders paused on Friday, capital continued rotating into NVDA. That looks like a potential sign that institutional buyers are still defending the AI leader.
From a technical standpoint, the setup is getting interesting. MACD momentum is improving, it's reclaiming the 20EMA, and buyers have been stepping in on weakness.
The previous risk/reward setup was tight—roughly $1 of risk for a $10 move so far. If the momentum continues building, $NVIDIA(NVDA)$ could be setting up for another push higher. The AI king is still being watched closely.
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