Long NVIDIA signal by Syed Foyez Uddin

NVDA is currently consolidating in a high-conviction $174–$185 range as the market debates the ‘AI Capex Ceiling.’ However, the technical rejection at the 200-day SMA ($185.40) appears temporary when measured against a Blackwell backlog that now extends into late 2026. With hyperscaler Capex projections being revised upward to $750B and the Vera Rubin architecture entering its pre-launch revision phase, we anticipate a volume-driven breakout . Targeting the $198.50 horizontal resistance as analy