NVDA stock formed its peak at the end of October 2025. All price action since then is considered corrective.The primary scenario remains bearish - a move down toward the start of the fifth wave. The only question is the structure of the correction.
It’s possible that the main downside move has already begun, so let’s define the targets.
Key targets:
- 137 - local correction
- 114
- 100
Potential move from current levels: ~31-40%
The ideal scenario would be a move back up toward the 212 area first - and only then a decline toward the targets mentioned above.
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