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NVIDIA Stock Soars Amid Elliott Wave Surge, Targets $228

10/12/2025

24 3 Full Breakdown

Summary

Story summary

NVIDIA Corporation's stock rises as it enters the fifth wave of its Elliott Wave cycle, with a rise above levels before a correction.
The price has surpassed $173.96 Fibonacci retracement and reached highs near $193, with a $228 target supported by institutional backing and AI infrastructure.
An ABC correction is anticipated and may impact NVIDIA and broader indices.
The USD/JPY pair remains bullish, with gains expected as key supports hold.

History

Historical Context

Ralph Nelson Elliott introduced the Elliott Wave Theory in 1938, proposing that market prices follow predictable wave patterns influenced by investor psychology. This theory has shaped investment strategies, with firms like NVIDIA Corporation applying it for stock analysis. As NVIDIA's stock surpasses $173.96, it underscores the enduring relevance of Elliott's principles in navigating market trends and corrections.

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Story summary

NVIDIA Corporation's stock rises as it enters the fifth wave of its Elliott Wave cycle, with a rise above levels before a correction.
The price has surpassed $173.96 Fibonacci retracement and reached highs near $193, with a $228 target supported by institutional backing and AI infrastructure.
An ABC correction is anticipated and may impact NVIDIA and broader indices.
The USD/JPY pair remains bullish, with gains expected as key supports hold.

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