NVDA 1 week chart printed the same Fib TSI bearish signal pattern in the week of March 25th 2024 as it did in the week of November 22nd 2021. I'm going to make a bold statement and forecast NVDA stock price to be 345 by April 2025. I'm retracing this target as 346 is NVDA high price in the week of November 22nd 2021, so that would be a natural support level in a year from now. Please drop a comment and let me know what you think.
NVDA levels: YTD high = 974 YTD low = 473 1 year high = 974 1 year low = 262
NVDA options data:
1/27/25 LEAPS Put Volume Total 1,456 Call Volume Total 2,544 Put/Call Volume Ratio 0.57 Put Open Interest Total 274,100 Call Open Interest Total 203,657 Put/Call Open Interest Ratio 1.35
3/21/25 expiry Put Volume Total 310 Call Volume Total 819 Put/Call Volume Ratio 0.38 Put Open Interest Total 13,061 Call Open Interest Total 13,796 Put/Call Open Interest Ratio 0.95
6/20/25 expiry Put Volume Total 412 Call Volume Total 498 Put/Call Volume Ratio 0.83 Put Open Interest Total 74,123 Call Open Interest Total 67,586 Put/Call Open Interest Ratio 1.10