Nvidia shares experienced strong upward momentum, closing up 3.93% on December 19, driven by broad market gains, cooling inflation data, and continued high demand for AI chips.
- A rare bullish "3-7-D" technical signal was detected, setting a short-term price target of $192 and a consensus target of $261 amid ongoing AI buildout trends.
- Trading volume was significantly elevated at 324.93M, well above the average of 193.55M, indicating strong investor interest.
- The stock continued its climb in after-hours trading, reaching $181.37 (+0.21%).