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NVDA
Entry 175.6500 2025-08-19 23:50 UTC
Target 200.0000
Fail 153.0000
Risk / Reward 1 : 1
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NVDA
Pending
Stocks
Technical
1H
Analysis Predict Bull Market
Body
The analyst discusses potential investment strategies amid a market pullback, focusing on Palantir (PLTR), Nvidia (NVDA), and the inverse ETF ProShares UltraPro Short QQQ (SQQQ). He notes that late August and early September historically experience stock market pullbacks. For PLTR (current price around $162.39), the analyst identifies $151.00 as the floor based on monthly chart analysis, suggesting this is where institutions may provide support. He suggests $190.00 as potential target to take profits given an increase in government revenue of 53% and rapid AI adoption. He also mentions NVDA, currently at $177.41, with a past resistance that might serve as new support around $153.13 and a predicted target to take profit at $200.00. The analysis points out recent short reports by Citron Research. Additionally, the ProShares UltraPro Short QQQ (SQQQ) which is currently at $17.89, is presented as an opportunity to capitalize on market downturns, given its inverse relationship with tech stocks and potential target is $17.00.
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